Givaudan SA (OTCMKTS:GVDNY) Receives Consensus Rating of “Hold” from Brokerages

Givaudan SA (OTCMKTS:GVDNY – Get Rating) has been given a consensus rating of “Hold” by the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $3,775.00.

GVDNY has been the topic of several analyst reports. Barclays boosted their price target on shares of Givaudan from CHF 3,600 to CHF 3,700 and gave the stock an “underweight” rating in a report on Friday, April 22nd. Zacks Investment Research upgraded shares of Givaudan from a “sell” rating to a “hold” rating in a report on Friday. Societe Generale upgraded shares of Givaudan from a “sell” rating to a “hold” rating in a report on Thursday, March 10th. Finally, UBS Group cut their price target on shares of Givaudan from CHF 4,050 to CHF 3,850 and set a “neutral” rating on the stock in a report on Tuesday, March 29th.

Shares of OTCMKTS GVDNY traded up $1.40 during mid-day trading on Friday, reaching $72.54. 44,180 shares of the company’s stock traded hands, compared to its average volume of 33,287. The business has a 50-day simple moving average of $79.73 and a 200 day simple moving average of $88.59. Givaudan has a 1-year low of $68.91 and a 1-year high of $105.80. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 1.08.

The business also recently disclosed a dividend, which was paid on Wednesday, April 13th. Shareholders of record on Tuesday, March 29th were given a $0.878 dividend. This represents a yield of 1.07%. The ex-dividend date was Monday, March 28th.

About Givaudan (Get Rating)

Givaudan SA, together with its subsidiaries, manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through in divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances, consumer products, and fragrance ingredients and active beauty products.

Recommended Stories