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

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

A number of equities analysts have recently issued reports on GVDNY shares. 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 Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a report on Monday, July 27th. Zacks Research raised Givaudan from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Finally, Sanford C. Bernstein began coverage on Givaudan in a research note on Wednesday, July 22nd. They set a “strong sell” rating for the company.

Givaudan Trading Down 2.6%

OTCMKTS:GVDNY opened at $81.25 on Friday. Givaudan has a one year low of $65.97 and a one year high of $90.69. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74. The firm has a 50-day simple moving average of $82.46 and a 200-day simple moving average of $76.52.

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.