Givaudan SA (OTCMKTS:GVDNY) Receives Average Rating of “Hold” from Analysts

Shares of Givaudan SA (OTCMKTS:GVDNY) have received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company.

GVDNY has been the topic of several research reports. Zacks Research raised Givaudan from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Kepler Capital Markets cut Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Sanford C. Bernstein assumed coverage on Givaudan in a research report on Wednesday, July 22nd. They set a “strong sell” rating on the stock. The Goldman Sachs Group raised Givaudan from a “sell” rating to a “buy” rating in a report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a research report on Monday, July 27th.

Givaudan Price Performance

Shares of OTCMKTS:GVDNY opened at $80.08 on Monday. Givaudan has a 1-year low of $65.97 and a 1-year high of $90.69. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74. The company has a 50 day moving average price of $80.25 and a 200 day moving average price of $76.22.

About Givaudan

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.