Symrise (OTCMKTS:SYIEY) Cut to Strong Sell at Jefferies Financial Group

Jefferies Financial Group cut shares of Symrise (OTCMKTS:SYIEY) from a moderate sell rating to a strong sell rating in a research report report published on Wednesday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on the stock. The Goldman Sachs Group raised shares of Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Symrise in a report on Monday, November 24th. Finally, Zacks Research cut shares of Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Symrise Trading Down 1.2%

Shares of Symrise stock opened at $20.76 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.49 and a quick ratio of 0.83. The firm has a 50 day simple moving average of $21.39 and a 200 day simple moving average of $21.64. Symrise has a fifty-two week low of $19.31 and a fifty-two week high of $30.58.

About Symrise

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.