Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $27.75, but opened at $25.23. Symrise shares last traded at $25.10, with a volume of 24,587 shares trading hands.
Analysts Set New Price Targets
Several analysts recently issued reports on SYIEY shares. Citigroup reiterated a “buy” rating on shares of Symrise in a report on Friday, September 25th. Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a report on Wednesday, July 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Thursday, August 27th. Finally, Jefferies Financial Group raised shares of Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday, September 1st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Symrise presently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on Symrise
Symrise Price Performance
The stock has a 50 day moving average of $26.46 and a 200 day moving average of $23.68.
Symrise Company Profile
Symrise AG is a global chemicals and ingredients company headquartered in Holzminden, Germany. It develops, manufactures and markets flavorings, fragrances, cosmetic ingredients, food ingredients and nutritional solutions for customers in the food and beverage, consumer goods, cosmetics, personal care and pet food industries.
The company’s products include flavor compounds for food and beverages, fragrance ingredients and finished fragrances for perfumes and household products, as well as active and functional ingredients used in skin care, hair care and other personal care applications.
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