Symrise AG (SY1) Received Average Rating of “Hold” by Brokerages

Symrise AG (SY1) Received Average Rating of “Hold” by Brokerages

Shares of Symrise AG (FRA:SY1) have earned an average rating of “Hold” from the twenty-one analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €74.01 ($86.06).

A number of research firms have recently commented on SY1. Hauck & Aufhaeuser set a €75.00 ($87.21) target price on shares of Symrise and gave the stock a “neutral” rating in a research report on Friday, August 31st. Goldman Sachs Group set a €58.20 ($67.67) target price on shares of Symrise and gave the stock a “sell” rating in a research report on Monday, September 3rd. Morgan Stanley set a €75.00 ($87.21) target price on shares of Symrise and gave the stock a “neutral” rating in a research report on Wednesday, August 29th. UBS Group set a €73.00 ($84.88) target price on shares of Symrise and gave the stock a “neutral” rating in a research report on Tuesday, August 14th. Finally, Kepler Capital Markets set a €70.00 ($81.40) target price on shares of Symrise and gave the stock a “neutral” rating in a research report on Tuesday, August 14th.

Shares of FRA SY1 traded down €1.24 ($1.44) during trading on Thursday, reaching €75.16 ($87.40). 412,598 shares of the stock were exchanged. Symrise has a twelve month low of €56.96 ($66.23) and a twelve month high of €73.48 ($85.44).

About Symrise

Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.

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