Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several research firms have weighed in on SYIEY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Symrise in a report on Monday, November 24th. The Goldman Sachs Group raised Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Zacks Research lowered shares of Symrise from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Jefferies Financial Group cut shares of Symrise from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, March 4th.

Symrise Stock Performance

Shares of Symrise stock opened at $20.76 on Friday. Symrise has a twelve month low of $19.31 and a twelve month high of $30.58. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.83 and a current ratio of 1.49. The business has a 50-day moving average price of $21.39 and a 200-day moving average price of $21.60.

Symrise Company Profile

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.