Shares of Chr. Hansen Holding A/S (OTCMKTS:CHYHY) have received a consensus recommendation of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $22.54.
A number of analysts have commented on the stock. Berenberg Bank set a $22.54 price target on shares of Chr. Hansen Holding A/S and gave the company a “hold” rating in a research report on Monday, July 12th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Chr. Hansen Holding A/S in a report on Tuesday, July 13th. Barclays restated an “underweight” rating on shares of Chr. Hansen Holding A/S in a report on Tuesday, July 13th. Finally, UBS Group reiterated a “neutral” rating on shares of Chr. Hansen Holding A/S in a research note on Friday, July 9th.
Shares of OTCMKTS:CHYHY traded down $0.54 during trading on Friday, reaching $21.32. The stock had a trading volume of 22,013 shares, compared to its average volume of 31,381. Chr. Hansen Holding A/S has a 52 week low of $20.57 and a 52 week high of $28.39. The firm’s fifty day moving average is $22.39 and its 200 day moving average is $22.65.
Chr. Hansen Holding A/S is a bioscience company, which engages in the development of natural solutions for the food, nutritional, pharmaceutical, and agricultural industries. It operates through the following segments: Food Cultures and Enzymes; Health and Nutrition; and Natural Colors. The Food Cultures and Enzymes segment produces and sells cultures, enzymes, and probiotic products that help determine the taste, flavor, texture, shelf life, nutritional value, and health benefits of consumer products in the food industry.
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