Givaudan SA (OTCMKTS:GVDNY) Receives Consensus Recommendation of “Hold” from Brokerages

Givaudan SA (OTCMKTS:GVDNY) has received a consensus rating of “Hold” from the nine analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company.

GVDNY has been the subject of several recent analyst reports. Sanford C. Bernstein started coverage on Givaudan in a research report on Wednesday, July 22nd. They issued a “strong sell” rating for the company. The Goldman Sachs Group upgraded shares of Givaudan from a “sell” rating to a “buy” rating in a research note on Monday, June 8th. Kepler Capital Markets cut shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Zacks Research upgraded shares of Givaudan from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a report on Monday, July 27th.

Givaudan Price Performance

OTCMKTS GVDNY opened at $83.62 on Monday. Givaudan has a 12 month low of $65.97 and a 12 month high of $90.69. The stock’s fifty day moving average price is $81.14 and its 200-day moving average price is $76.33. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13.

Givaudan Company Profile

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.