Givaudan SA (OTCMKTS:GVDNY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Givaudan SA (OTCMKTS:GVDNY) have been given an average rating of “Hold” by the eight research firms that are presently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

GVDNY has been the topic of several analyst reports. Berenberg Bank downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft upgraded Givaudan from a “hold” rating to a “buy” rating in a report on Tuesday, June 9th. Barclays downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a report on Friday, March 27th. Zacks Research upgraded Givaudan from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Finally, Kepler Capital Markets downgraded 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 $79.38 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.92. Givaudan has a one year low of $65.97 and a one year high of $99.60. The business’s 50-day simple moving average is $73.25 and its 200 day simple moving average is $75.56.

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.