Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Average Recommendation of “Hold” from Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been given an average rating of “Hold” by the six analysts that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of equities research analysts have weighed in on SYIEY shares. Jefferies Financial Group upgraded Symrise to a “hold” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group downgraded shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Finally, Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a research note on Wednesday, July 22nd.

Symrise Price Performance

Shares of OTCMKTS:SYIEY opened at $25.74 on Thursday. The business’s 50-day moving average is $24.94 and its 200-day moving average is $22.83. Symrise has a 1 year low of $19.31 and a 1 year high of $26.91.

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.