Nord/LB Analysts Give Symrise (SY1) a €70.00 Price Target
A number of other research firms have also recently issued reports on SY1. Societe Generale set a €85.00 ($101.19) target price on Symrise and gave the company a buy rating in a research report on Tuesday, December 5th. UBS set a €75.00 ($89.29) target price on Symrise and gave the company a neutral rating in a research report on Thursday. Commerzbank set a €64.00 ($76.19) target price on Symrise and gave the company a neutral rating in a research report on Wednesday, November 8th. J P Morgan Chase & Co set a €60.00 ($71.43) price target on Symrise and gave the company a neutral rating in a research note on Wednesday, November 8th. Finally, Sanford C. Bernstein set a €58.00 ($69.05) price target on Symrise and gave the company a neutral rating in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €65.94 ($78.50).
Symrise (FRA:SY1) opened at €71.45 ($85.06) on Friday. Symrise has a 12-month low of €54.35 ($64.70) and a 12-month high of €72.50 ($86.31).
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Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through two segments, Flavor & Nutrition and Scent & Care. The Flavor & Nutrition segment provides flavorings, which are used in alcoholic, non-alcoholic, dried and instant beverages, soups, sauces, ready-made meals, instant noodles, and meat products; seasonings for snacks; and products for sweets, chocolates, chewing gum, baked goods, cereals, ice cream, and milk products.
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