Symrise (OTCMKTS:SYIEY) Upgraded at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Symrise (OTCMKTS:SYIEY) to a hold rating in a research report released on Wednesday morning,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Jefferies Financial Group raised shares of Symrise to a “hold” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Symrise Stock Performance

Symrise stock opened at $24.57 on Wednesday. Symrise has a 1 year low of $19.31 and a 1 year high of $26.16. The company’s 50-day moving average is $24.11 and its two-hundred day moving average is $22.37.

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.