Givaudan SA (OTCMKTS:GVDNY) Receives Average Rating of “Hold” from Analysts

Shares of Givaudan SA (OTCMKTS:GVDNY) have been assigned a consensus rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company.

A number of analysts have recently weighed in on GVDNY shares. Zacks Research downgraded shares of Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Barclays downgraded shares of Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Givaudan in a report on Friday, January 30th. Berenberg Bank lowered shares of Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Citigroup reaffirmed a “neutral” rating on shares of Givaudan in a research report on Tuesday, February 3rd.

Givaudan Price Performance

GVDNY stock opened at $68.24 on Tuesday. The stock’s 50 day moving average is $75.06 and its two-hundred day moving average is $79.73. Givaudan has a 52-week low of $65.97 and a 52-week high of $103.39. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74.

About Givaudan

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.