Symrise AG Unsponsored ADR (OTCMKTS:SYIEY – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $26.71 and last traded at $26.71, with a volume of 6244 shares changing hands. The stock had previously closed at $25.29.
Wall Street Analyst Weigh In
SYIEY has been the topic of several recent research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Symrise in a report on Tuesday, June 16th. Zacks Research upgraded Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Jefferies Financial Group upgraded Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Finally, Sanford C. Bernstein upgraded Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.
Read Our Latest Stock Analysis on SYIEY
Symrise Stock Performance
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.
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