Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several brokerages have issued reports on SYIEY. Sanford C. Bernstein upgraded Symrise to a “hold” rating in a research note on Wednesday, July 22nd. Jefferies Financial Group upgraded Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, September 1st. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a report on Thursday, August 27th. Zacks Research upgraded Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Finally, The Goldman Sachs Group downgraded shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th.

Symrise Price Performance

Shares of SYIEY stock opened at $26.18 on Monday. Symrise has a one year low of $19.31 and a one year high of $27.31. The company’s 50-day simple moving average is $25.73 and its 200-day simple moving average is $23.37.

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.