Symrise AG (SY1) Receives Consensus Recommendation of “Hold” from Brokerages

Symrise AG (FRA:SY1) has earned an average recommendation of “Hold” from the sixteen analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is €65.94 ($78.50).

A number of brokerages recently issued reports on SY1. Nord/LB set a €70.00 ($83.33) price objective on shares of Symrise and gave the stock a “neutral” rating in a report on Friday, December 8th. UBS Group set a €75.00 ($89.29) price objective on shares of Symrise and gave the stock a “neutral” rating in a report on Thursday, December 7th. Societe Generale set a €85.00 ($101.19) price target on shares of Symrise and gave the company a “buy” rating in a report on Tuesday, December 5th. Kepler Capital Markets set a €65.50 ($77.98) price target on shares of Symrise and gave the company a “neutral” rating in a report on Tuesday, November 28th. Finally, Berenberg Bank set a €67.00 ($79.76) price target on shares of Symrise and gave the company a “neutral” rating in a report on Thursday, November 16th.

Shares of Symrise (FRA:SY1) opened at €70.76 ($84.24) on Tuesday. The firm has a market cap of $9,350.00 and a price-to-earnings ratio of 35.20. Symrise has a fifty-two week low of €54.35 ($64.70) and a fifty-two week high of €72.50 ($86.31).

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About Symrise

Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through two segments, Flavor & Nutrition and Scent & Care. The Flavor & Nutrition segment provides flavorings, which are used in alcoholic, non-alcoholic, dried and instant beverages, soups, sauces, ready-made meals, instant noodles, and meat products; seasonings for snacks; and products for sweets, chocolates, chewing gum, baked goods, cereals, ice cream, and milk products.

Analyst Recommendations for Symrise (FRA:SY1)

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