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

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several analysts have recently weighed in on the stock. The Goldman Sachs Group cut shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Tuesday. Jefferies Financial Group upgraded shares of Symrise to a “hold” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th.

Symrise Stock Performance

Shares of Symrise stock traded up $0.09 on Tuesday, hitting $23.87. 25,528 shares of the company traded hands, compared to its average volume of 136,080. The firm’s 50-day simple moving average is $22.20 and its 200 day simple moving average is $21.36. Symrise has a 12-month low of $19.31 and a 12-month high of $28.50.

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.