Symrise (OTCMKTS:SYIEY) was downgraded by Redburn Partners from a “buy” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports.
A number of other research firms have also weighed in on SYIEY. Credit Suisse Group reaffirmed an “outperform” rating on shares of Symrise in a research note on Friday, October 30th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Symrise in a research note on Thursday, December 3rd. UBS Group raised shares of Symrise from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 1st. Zacks Investment Research lowered shares of Symrise from a “buy” rating to a “hold” rating in a research note on Tuesday, November 3rd. Finally, Jefferies Financial Group assumed coverage on shares of Symrise in a research note on Monday, November 9th. They issued a “hold” rating for the company. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $38.00.
OTCMKTS SYIEY opened at $31.65 on Tuesday. Symrise has a 12 month low of $19.19 and a 12 month high of $35.42. The company’s 50-day moving average price is $32.22 and its 200-day moving average price is $32.54. The stock has a market cap of $17.14 billion, a PE ratio of 51.89 and a beta of 0.83.
Symrise AG develops, produces, and supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.
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