Symrise (OTCMKTS:SYIEY – Get Rating) had its target price dropped by research analysts at Berenberg Bank from €119.00 ($120.20) to €114.00 ($115.15) in a report issued on Tuesday, The Fly reports. The brokerage currently has a “hold” rating on the stock.
SYIEY has been the topic of several other research reports. Morgan Stanley boosted their price target on Symrise from €106.00 ($107.07) to €107.00 ($108.08) and gave the stock an “equal weight” rating in a research note on Monday, April 11th. UBS Group cut their price objective on Symrise from €135.00 ($136.36) to €130.00 ($131.31) in a research note on Tuesday, April 5th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $115.25.
Symrise Trading Up 0.9 %
Shares of OTCMKTS SYIEY traded up $0.25 on Tuesday, hitting $26.63. The company had a trading volume of 228,526 shares, compared to its average volume of 102,653. Symrise has a 12-month low of $24.63 and a 12-month high of $37.54. The business has a 50 day moving average of $26.94 and a two-hundred day moving average of $28.98. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.04 and a quick ratio of 1.17.
Symrise Company Profile
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Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through two segments, Taste, Nutrition & Health, and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and flavor solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for aqua feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.
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