Symrise AG (FRA:SY1) Receives Consensus Rating of “Hold” from Brokerages

Symrise AG (FRA:SY1Get Rating) has earned a consensus recommendation of “Sell” from the sixteen brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is €119.97 ($129.00).

Several brokerages recently issued reports on SY1. UBS Group set a €130.00 ($139.78) price target on Symrise in a report on Monday, April 4th. Deutsche Bank Aktiengesellschaft set a €138.00 ($148.39) price target on Symrise in a report on Wednesday, March 2nd. Credit Suisse Group set a €117.00 ($125.81) price target on Symrise in a report on Wednesday, March 9th. JPMorgan Chase & Co. set a €115.00 ($123.66) price target on Symrise in a report on Tuesday, March 29th. Finally, Deutsche Bank Rese… set a €138.00 ($148.39) price objective on Symrise in a research report on Monday, March 28th.

Shares of Symrise stock opened at €109.25 ($117.47) on Tuesday. The stock has a fifty day simple moving average of €106.27 and a 200 day simple moving average of €115.12. Symrise has a 12-month low of €56.96 ($61.25) and a 12-month high of €73.48 ($79.01).

Symrise Company Profile (Get Rating)

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through two segments, Taste, Nutrition & Health, and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and flavor solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for aqua feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.

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Analyst Recommendations for Symrise (FRA:SY1)

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