Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Average Recommendation of “Moderate Buy” by Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of analysts recently weighed in on SYIEY shares. The Goldman Sachs Group cut shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Finally, Jefferies Financial Group upgraded Symrise to a “hold” rating in a report on Wednesday, April 22nd.

Symrise Stock Performance

Shares of SYIEY traded up $0.02 during mid-day trading on Friday, hitting $25.23. The company’s stock had a trading volume of 28,728 shares, compared to its average volume of 58,952. The firm has a 50-day moving average price of $23.46 and a 200 day moving average price of $22.02. Symrise has a fifty-two week low of $19.31 and a fifty-two week high of $26.28.

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.