Symrise AG Unsponsored ADR (OTCMKTS:SYIEY – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $21.80, but opened at $23.37. Symrise shares last traded at $23.3050, with a volume of 1,949 shares.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on SYIEY shares. The Goldman Sachs Group downgraded shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday. Jefferies Financial Group raised shares of Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Finally, Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Symrise currently has a consensus rating of “Hold”.
View Our Latest Research Report on SYIEY
Symrise Stock Up 7.8%
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.
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