Givaudan SA (GVDNY) – What Are Brokerages Saying About This Stock?

Givaudan SA (OTCMKTS:GVDNY) has received a consensus recommendation of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company.

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Givaudan in a research report on Thursday, September 3rd. Jefferies Financial Group cut Givaudan from a “buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Citigroup reiterated a “neutral” rating on shares of Givaudan in a research report on Friday, September 25th. Sanford C. Bernstein started coverage on shares of Givaudan in a report on Wednesday, July 22nd. They issued a “strong sell” rating on the stock. Finally, Barclays raised shares of Givaudan from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 5th.

Givaudan Stock Down 1.2%

OTCMKTS GVDNY opened at $98.27 on Wednesday. The company has a fifty day simple moving average of $87.32 and a two-hundred day simple moving average of $79.38. Givaudan has a 12-month low of $65.97 and a 12-month high of $101.10.

About Givaudan

Givaudan is a Swiss company that develops and manufactures flavors, fragrances and related ingredients for businesses in the food, beverage, beauty and consumer goods industries. Its products are used in applications ranging from fine fragrances and personal care to packaged foods, beverages and oral care. The company operates through its Fragrance & Beauty and Taste & Wellbeing businesses. It works with customers to create scents and taste solutions, and provides ingredients and related services for consumer products and nutrition applications.