Symrise (OTCMKTS:SYIEY) Downgraded to Strong Sell Rating by Jefferies Financial Group

Jefferies Financial Group cut shares of Symrise (OTCMKTS:SYIEY) from a moderate sell rating to a strong sell rating in a research report sent to investors on Wednesday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Symrise in a report on Monday, November 24th. The Goldman Sachs Group upgraded shares of Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Finally, Zacks Research lowered shares of Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Symrise has a consensus rating of “Moderate Buy”.

Symrise Stock Up 2.2%

Shares of Symrise stock opened at $21.01 on Wednesday. The stock has a fifty day moving average price of $21.38 and a 200-day moving average price of $21.66. The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 0.34. Symrise has a 1 year low of $19.31 and a 1 year high of $30.58.

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.