Givaudan SA (OTCMKTS:GVDNY) Given Consensus Recommendation of “Hold” by Brokerages

Givaudan SA (OTCMKTS:GVDNY) has been given an average recommendation of “Hold” by the eight research firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several research analysts have weighed in on GVDNY shares. Barclays downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 27th. The Goldman Sachs Group raised Givaudan from a “sell” rating to a “buy” rating in a report on Monday, June 8th. Kepler Capital Markets downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Zacks Research upgraded Givaudan from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Finally, Berenberg Bank downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st.

Givaudan Trading Up 0.6%

OTCMKTS:GVDNY opened at $80.09 on Friday. The stock’s 50 day moving average price is $72.17 and its 200 day moving average price is $75.68. Givaudan has a 52-week low of $65.97 and a 52-week high of $101.62. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74.

About Givaudan

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.