Givaudan SA (OTCMKTS:GVDNY) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Givaudan SA (OTCMKTS:GVDNY) have been given an average recommendation of “Hold” by the nine ratings firms that are covering the company, MarketBeat.com reports. One investment 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 research analysts have recently issued reports on the stock. Sanford C. Bernstein began coverage on shares of Givaudan in a research report on Wednesday, July 22nd. They issued a “strong sell” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Givaudan in a research note on Thursday, September 3rd. Citigroup reaffirmed a “neutral” rating on shares of Givaudan in a report on Friday, September 25th. Jefferies Financial Group downgraded Givaudan from a “buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Finally, Barclays upgraded Givaudan from an “equal weight” rating to an “overweight” rating in a report on Monday, October 5th.

Givaudan Trading Down 1.2%

Shares of Givaudan stock opened at $98.27 on Wednesday. The company has a 50-day simple moving average of $87.32 and a two-hundred day simple moving average of $79.38. Givaudan has a one year low of $65.97 and a one year high of $101.10.

Givaudan Company Profile

Givaudan is a Swiss company that develops and manufactures flavors, fragrances and related ingredients for businesses in the food, beverage, beauty and consumer goods industries. Its products are used in applications ranging from fine fragrances and personal care to packaged foods, beverages and oral care. The company operates through its Fragrance & Beauty and Taste & Wellbeing businesses. It works with customers to create scents and taste solutions, and provides ingredients and related services for consumer products and nutrition applications.