Givaudan SA (OTCMKTS:GVDNY) Receives Average Rating of “Hold” from Brokerages

Givaudan SA (OTCMKTS:GVDNY) has been given an average recommendation of “Hold” by the eight brokerages that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

Several equities research analysts have commented on GVDNY shares. The Goldman Sachs Group upgraded Givaudan from a “sell” rating to a “buy” rating in a research note on Monday, June 8th. Berenberg Bank lowered Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft upgraded Givaudan from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Research upgraded Givaudan from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Kepler Capital Markets lowered Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th.

Givaudan Price Performance

Shares of OTCMKTS:GVDNY opened at $80.09 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74. The business has a 50-day moving average of $72.17 and a two-hundred day moving average of $75.68. Givaudan has a 12 month low of $65.97 and a 12 month high of $101.62.

Givaudan Company Profile

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.