Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Average Rating of “Hold” from Analysts

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have received a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

SYIEY has been the subject of a number of recent analyst reports. Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research note on Thursday. The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Finally, Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th.

Symrise Stock Performance

SYIEY stock opened at $26.83 on Monday. The stock’s 50 day moving average is $25.57 and its two-hundred day moving average is $23.23. Symrise has a 52-week low of $19.31 and a 52-week high of $27.31.

Symrise Company Profile

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.