Givaudan SA (OTCMKTS:GVDNY) Receives Average Rating of “Hold” from Analysts

Givaudan SA (OTCMKTS:GVDNY) has been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group downgraded Givaudan from a “strong-buy” rating to a “sell” rating in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Givaudan in a report on Friday, January 30th. Citigroup restated a “neutral” rating on shares of Givaudan in a report on Tuesday, February 3rd. Berenberg Bank cut shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Kepler Capital Markets cut shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th.

Givaudan Price Performance

Shares of OTCMKTS GVDNY opened at $70.16 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.92. The business’s 50 day moving average price is $70.36 and its 200-day moving average price is $76.75. Givaudan has a fifty-two week low of $65.97 and a fifty-two week high of $103.39.

About Givaudan

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.