Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Consensus Rating of “Hold” by Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been given an average recommendation of “Hold” by the seven analysts that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Sanford C. Bernstein raised Symrise to a “hold” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group lowered Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Jefferies Financial Group raised shares of Symrise to a “hold” rating in a research report on Wednesday, April 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th.

Symrise Stock Performance

OTCMKTS:SYIEY opened at $26.35 on Thursday. The stock’s 50-day moving average is $24.58 and its 200-day moving average is $22.66. Symrise has a 1-year low of $19.31 and a 1-year high of $26.91.

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.