JPMorgan Chase & Co. Reiterates “€75.00” Price Target for Symrise (FRA:SY1)

Symrise (FRA:SY1) has been assigned a €75.00 ($87.21) target price by equities researchers at JPMorgan Chase & Co. in a report released on Tuesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 13.67% from the stock’s current price.

Several other research analysts have also weighed in on the stock. Independent Research set a €87.00 ($101.16) price objective on shares of Symrise and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Morgan Stanley set a €81.00 ($94.19) price objective on shares of Symrise and gave the stock a “neutral” rating in a research note on Monday, September 30th. Barclays set a €79.00 ($91.86) price objective on shares of Symrise and gave the stock a “neutral” rating in a research note on Thursday, August 8th. Kepler Capital Markets set a €81.00 ($94.19) price objective on shares of Symrise and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Finally, Societe Generale set a €100.00 ($116.28) price objective on shares of Symrise and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €85.66 ($99.60).

Symrise stock opened at €86.88 ($101.02) on Tuesday. The company’s 50 day simple moving average is €86.65 and its 200 day simple moving average is €85.39. Symrise has a fifty-two week low of €56.96 ($66.23) and a fifty-two week high of €73.48 ($85.44).

About Symrise

Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.

Recommended Story: Pattern Day Trader – What is the PDT Rule?

Analyst Recommendations for Symrise (FRA:SY1)

Receive News & Ratings for Symrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Symrise and related companies with MarketBeat.com's FREE daily email newsletter.