Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Consensus Rating of “Moderate Buy” by Brokerages

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of analysts have recently issued reports on the company. Zacks Research upgraded Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Morgan Stanley reissued an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Finally, Jefferies Financial Group upgraded Symrise to a “hold” rating in a research report on Wednesday, April 22nd.

Symrise Trading Up 0.1%

Symrise stock traded up $0.02 during midday trading on Friday, reaching $25.23. The stock had a trading volume of 28,728 shares, compared to its average volume of 58,952. Symrise has a twelve month low of $19.31 and a twelve month high of $26.28. The firm’s fifty day simple moving average is $23.46 and its two-hundred day simple moving average is $22.02.

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.