Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Average Rating of “Moderate Buy” from Brokerages

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts have recently weighed in on the stock. Jefferies Financial Group lowered shares of Symrise from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group upgraded Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th.

Symrise Stock Performance

Symrise stock opened at $21.51 on Tuesday. The company’s 50-day moving average is $21.40 and its 200-day moving average is $21.16. Symrise has a fifty-two week low of $19.31 and a fifty-two week high of $30.58.

About Symrise

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.