Symrise AG (OTCMKTS:SYIEY – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $24.48 and traded as high as $26.50. Symrise shares last traded at $26.46, with a volume of 36,044 shares changing hands.
Analysts Set New Price Targets
Separately, Morgan Stanley upgraded shares of Symrise from an “underweight” rating to an “overweight” rating in a report on Thursday, August 24th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $110.00.
Symrise Stock Up 2.8 %
Symrise Company Profile
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.
- Five stocks we like better than Symrise
- What Is Dividend Yield and How Do You Calculate It?
- Analyst says Archer Aviation may double. Is it time to buy?
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Alibaba’s bottom is in: Analysts see a monster rally ahead
- How to Invest in Blue Chip Stocks
- TripAdvisor is on AI-powered recovery from record lows
Receive News & Ratings for Symrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Symrise and related companies with MarketBeat.com's FREE daily email newsletter.