Givaudan (OTCMKTS:GVDNY) Cut to “Hold” at Kepler Capital Markets

Kepler Capital Markets lowered shares of Givaudan (OTCMKTS:GVDNY) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

A number of other analysts have also recently commented on GVDNY. Barclays lowered shares of Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 27th. Citigroup reiterated a “neutral” rating on shares of Givaudan in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a research report on Friday, January 30th. Zacks Research lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Finally, Berenberg Bank lowered shares of Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Givaudan Trading Down 0.2%

OTCMKTS:GVDNY opened at $68.35 on Wednesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13. Givaudan has a one year low of $65.97 and a one year high of $103.39. The company’s 50-day simple moving average is $70.53 and its 200 day simple moving average is $77.02.

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.