Givaudan SA (OTCMKTS:GVDNY) Given Average Recommendation of “Hold” by Analysts

Shares of Givaudan SA (OTCMKTS:GVDNY) have earned a consensus rating of “Hold” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company.

A number of equities research analysts have recently weighed in on the company. Zacks Research upgraded Givaudan from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. The Goldman Sachs Group upgraded shares of Givaudan from a “sell” rating to a “buy” rating in a research note on Monday, June 8th. Sanford C. Bernstein assumed coverage on shares of Givaudan in a research note on Wednesday, July 22nd. They set a “strong sell” rating on the stock. Kepler Capital Markets cut shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a research note on Monday, July 27th.

Givaudan Stock Down 2.6%

Givaudan stock opened at $81.25 on Friday. The stock has a 50-day moving average of $82.46 and a two-hundred day moving average of $76.52. The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.92. Givaudan has a one year low of $65.97 and a one year high of $90.69.

Givaudan Company Profile

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.