Symrise (SYIEY) Projected to Release Earnings on Thursday

Symrise (OTCMKTS:SYIEY) is expected to be announcing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.5380 per share and revenue of $2.8936 billion for the quarter.

Symrise Stock Up 0.7%

Shares of OTCMKTS SYIEY opened at $25.10 on Thursday. The firm’s 50-day moving average price is $23.99 and its 200-day moving average price is $22.32. Symrise has a 52-week low of $19.31 and a 52-week high of $26.26.

Analysts Set New Price Targets

A number of research analysts recently weighed in on SYIEY shares. The Goldman Sachs Group downgraded shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Jefferies Financial Group raised shares of Symrise to a “hold” rating in a research report on Wednesday, April 22nd. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Symrise in a report on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

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.