Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several research analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Jefferies Financial Group downgraded Symrise from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Symrise in a report on Monday, November 24th. Finally, Zacks Research downgraded Symrise from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st.

Symrise Price Performance

SYIEY opened at $21.01 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.83 and a current ratio of 1.49. Symrise has a twelve month low of $19.31 and a twelve month high of $30.58. The firm’s 50-day moving average price is $21.38 and its 200 day moving average price is $21.66.

Symrise Company Profile

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.