Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Average Recommendation of “Moderate Buy” by Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has received an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

A number of analysts have commented on SYIEY shares. Jefferies Financial Group downgraded Symrise from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group raised Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th.

Symrise Stock Performance

SYIEY opened at $21.44 on Tuesday. Symrise has a 1-year low of $19.31 and a 1-year high of $30.58. The stock’s 50 day simple moving average is $21.40 and its 200 day simple moving average is $21.20.

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.