Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Consensus Rating of “Hold” by Brokerages

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have received an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several research firms have weighed in on SYIEY. The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Symrise in a research report on Thursday.

Symrise Price Performance

SYIEY stock opened at $26.83 on Monday. The stock’s 50 day simple moving average is $25.57 and its 200 day simple moving average is $23.23. Symrise has a 12-month low of $19.31 and a 12-month high of $27.31.

About Symrise

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.