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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have issued reports on SYIEY shares. Zacks Research downgraded shares of Symrise from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Jefferies Financial Group downgraded shares of Symrise from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday. The Goldman Sachs Group raised shares of Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Symrise in a research note on Monday, November 24th.

Symrise Trading Up 2.2%

Shares of OTCMKTS:SYIEY opened at $21.01 on Friday. The business’s 50 day moving average price is $21.38 and its 200-day moving average price is $21.66. Symrise has a 1 year low of $19.31 and a 1 year high of $30.58. The company has a current ratio of 1.49, a quick ratio of 0.83 and a debt-to-equity ratio of 0.34.

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.