Symrise AG (OTCMKTS:SYIEY) Given Average Rating of “Hold” by Brokerages

Symrise AG (OTCMKTS:SYIEYGet Rating) has earned an average recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $115.67.

Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Symrise from a “hold” rating to a “sell” rating in a report on Tuesday, May 10th. UBS Group decreased their target price on shares of Symrise from €135.00 ($140.63) to €130.00 ($135.42) in a research report on Tuesday, April 5th. Finally, Morgan Stanley lifted their target price on shares of Symrise from €106.00 ($110.42) to €107.00 ($111.46) and gave the company an “equal weight” rating in a research report on Monday, April 11th.

OTCMKTS:SYIEY opened at $26.72 on Thursday. The firm’s 50-day moving average is $28.87 and its 200-day moving average is $31.77. Symrise has a 52-week low of $25.79 and a 52-week high of $37.54.

The company also recently declared a dividend, which will be paid on Monday, May 23rd. Shareholders of record on Thursday, May 5th will be given a $0.1785 dividend. The ex-dividend date is Wednesday, May 4th. This represents a yield of 0.6%.

About Symrise (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 (OTCMKTS:SYIEY)

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