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

Givaudan SA (OTCMKTS:GVDNY) has been given a consensus rating of “Hold” by the nine research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company.

Several research firms have recently issued reports on GVDNY. Kepler Capital Markets cut shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Givaudan in a research report on Monday, July 27th. Zacks Research raised Givaudan from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. The Goldman Sachs Group upgraded Givaudan from a “sell” rating to a “buy” rating in a research report on Monday, June 8th. Finally, Sanford C. Bernstein started coverage on Givaudan in a research note on Wednesday, July 22nd. They issued a “strong sell” rating on the stock.

Givaudan Price Performance

GVDNY stock opened at $80.08 on Monday. Givaudan has a 52 week low of $65.97 and a 52 week high of $90.69. The firm’s 50-day moving average is $80.25 and its two-hundred day moving average is $76.22. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74.

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.