Symrise (SY1) Given a €75.00 Price Target at Baader Bank
Symrise (FRA:SY1) has been assigned a €75.00 ($85.23) target price by equities research analysts at Baader Bank in a research note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price target indicates a potential downside of 4.99% from the stock’s current price.
SY1 has been the subject of a number of other research reports. Goldman Sachs Group set a €54.30 ($61.70) price objective on Symrise and gave the company a “sell” rating in a research note on Monday, April 16th. Sanford C. Bernstein set a €61.00 ($69.32) price objective on Symrise and gave the company a “neutral” rating in a research note on Tuesday. Commerzbank set a €67.00 ($76.14) price objective on Symrise and gave the company a “neutral” rating in a research note on Tuesday. Deutsche Bank set a €80.00 ($90.91) price objective on Symrise and gave the company a “buy” rating in a research note on Friday, June 15th. Finally, Kepler Capital Markets set a €70.00 ($79.55) price objective on Symrise and gave the company a “neutral” rating in a research note on Wednesday, July 18th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the stock. Symrise has a consensus rating of “Hold” and a consensus price target of €70.33 ($79.92).
Shares of Symrise stock opened at €78.94 ($89.70) on Tuesday. Symrise has a 52 week low of €56.96 ($64.73) and a 52 week high of €73.48 ($83.50).
Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.
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