Symrise (OTCMKTS:SYIEY) Upgraded to “Hold” at Sanford C. Bernstein

Symrise (OTCMKTS:SYIEY) was upgraded by investment analysts at Sanford C. Bernstein to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Several other equities analysts have also recently weighed in on the company. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Jefferies Financial Group upgraded Symrise to a “hold” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group cut Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Finally, Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Symrise currently has a consensus rating of “Hold”.

Symrise Price Performance

Shares of SYIEY stock opened at $24.30 on Wednesday. The company’s fifty day simple moving average is $24.04 and its two-hundred day simple moving average is $22.35. Symrise has a 1 year low of $19.31 and a 1 year high of $26.16.

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.