Hauck & Aufhaeuser Reiterates “€75.00” Price Target for Symrise (SY1)
SY1 has been the subject of several other reports. Deutsche Bank set a €88.00 ($102.33) price objective on Symrise and gave the stock a buy rating in a research note on Thursday, August 16th. Berenberg Bank set a €70.00 ($81.40) price objective on Symrise and gave the stock a neutral rating in a research note on Wednesday, August 15th. JPMorgan Chase & Co. set a €77.00 ($89.53) price objective on Symrise and gave the stock a neutral rating in a research note on Wednesday, November 7th. Goldman Sachs Group set a €58.20 ($67.67) price objective on Symrise and gave the stock a sell rating in a research note on Monday, September 3rd. Finally, Morgan Stanley set a €75.00 ($87.21) price objective on Symrise and gave the stock a neutral rating in a research note on Friday, October 12th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €74.09 ($86.15).
Shares of Symrise stock opened at €72.92 ($84.79) on Monday. Symrise has a 1 year low of €56.96 ($66.23) and a 1 year high of €73.48 ($85.44).
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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