Analysts Set Symrise AG (SY1) PT at $63.58

Symrise AG (FRA:SY1) has received a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is €62.31 ($73.30).

Several research analysts have recently commented on the company. Citigroup Inc. set a €47.00 ($55.29) price objective on Symrise AG and gave the stock a “sell” rating in a report on Monday. Commerzbank Ag set a €64.00 ($75.29) price objective on Symrise AG and gave the stock a “neutral” rating in a report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) set a €46.00 ($54.12) price objective on Symrise AG and gave the stock a “sell” rating in a report on Friday, July 14th. Sanford C. Bernstein set a €56.00 ($65.88) price objective on Symrise AG and gave the stock a “sell” rating in a report on Tuesday, July 11th. Finally, Deutsche Bank AG set a €75.00 ($88.24) price objective on Symrise AG and gave the stock a “buy” rating in a report on Monday, July 10th.

Shares of Symrise AG (FRA SY1) traded up 0.143% during midday trading on Friday, hitting €59.375. The stock had a trading volume of 318 shares. The firm’s 50-day moving average price is €61.33 and its 200-day moving average price is €61.21. The stock has a market cap of €7.71 billion and a price-to-earnings ratio of 30.496. Symrise AG has a 1-year low of €53.98 and a 1-year high of €69.26.

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