Symrise (SYIEY) to Post Earnings on Thursday

Symrise (OTCMKTS:SYIEY) is expected to issue its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.5380 per share and revenue of $2.8922 billion for the quarter.

Symrise Stock Performance

Shares of OTCMKTS SYIEY opened at $24.71 on Tuesday. The stock’s 50-day moving average is $24.16 and its two-hundred day moving average is $22.42. Symrise has a 1-year low of $19.31 and a 1-year high of $26.16.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Sanford C. Bernstein raised Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research note on Tuesday, June 16th. The Goldman Sachs Group cut shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Jefferies Financial Group upgraded shares of Symrise to a “hold” rating in a report on Wednesday, April 22nd. Finally, Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Symrise presently has a consensus rating of “Hold”.

Symrise Company Profile

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.