Sanford C. Bernstein Reiterates Sell Rating for GIVAUDAN SA/ADR (OTCMKTS:GVDNY)
Sanford C. Bernstein restated their sell rating on shares of GIVAUDAN SA/ADR (OTCMKTS:GVDNY) in a research report report published on Thursday morning, Borsen Zeitung reports.
Several other brokerages also recently issued reports on GVDNY. UBS Group reiterated a neutral rating on shares of CAIXABANK/ADR in a research note on Thursday. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Brenntag and gave the stock a buy rating in a research note on Tuesday, July 16th. Kepler Capital Markets set a €25.40 ($29.53) target price on shares of Deutsche Lufthansa and gave the stock a buy rating in a research note on Wednesday, April 10th. Goldman Sachs Group downgraded shares of TerraForm Power from a neutral rating to a sell rating and set a $12.00 price objective on the stock. in a research report on Tuesday, April 9th. They noted that the move was a valuation call. Finally, Baader Bank set a €9.00 ($10.47) price objective on shares of Aroundtown and gave the company a buy rating in a research report on Thursday. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of Hold.
Shares of OTCMKTS GVDNY opened at $54.12 on Thursday. The business has a 50 day moving average price of $55.45. GIVAUDAN SA/ADR has a 52-week low of $44.90 and a 52-week high of $58.00.
Givaudan SA, together with its subsidiaries, manufactures and sells fragrance and flavor products to the food, beverage, consumer goods, and fragrance and cosmetics industries worldwide. The company operates through two divisions, Fragrance and Flavour. The Fragrance division provides fragrance ingredients and active beauty products; fine fragrances, such as signature fragrances and line extensions; and fragrances for use in fabric and personal care, hair and skin care, household and air care, and oral care products.
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