Symrise (OTCMKTS:SYIEY) Cut to “Strong Sell” at Zacks Research

Zacks Research lowered shares of Symrise (OTCMKTS:SYIEY) from a hold rating to a strong sell rating in a report issued on Thursday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Jefferies Financial Group lowered shares of Symrise from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, March 4th. The Goldman Sachs Group upgraded shares of Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Symrise Stock Up 2.4%

Symrise stock opened at $22.61 on Thursday. Symrise has a 12-month low of $19.31 and a 12-month high of $30.58. The firm’s 50-day moving average is $21.46 and its two-hundred day moving average is $21.15.

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.