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

Shares of Givaudan SA (OTCMKTS:GVDNY) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several research firms recently commented on GVDNY. Deutsche Bank Aktiengesellschaft raised Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday, June 9th. Kepler Capital Markets lowered shares of Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group raised shares of Givaudan from a “sell” rating to a “buy” rating in a research report on Monday, June 8th. Zacks Research upgraded shares of Givaudan from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Berenberg Bank lowered shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st.

Givaudan Trading Down 2.8%

Shares of OTCMKTS GVDNY opened at $84.63 on Thursday. Givaudan has a 1-year low of $65.97 and a 1-year high of $96.88. The business has a 50-day moving average of $76.35 and a 200-day moving average of $75.88. The company has a quick ratio of 1.13, a current ratio of 1.74 and a debt-to-equity ratio of 0.92.

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.