Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Consensus Rating of “Moderate Buy” by Brokerages

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several equities research analysts have recently commented on the stock. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of Symrise in a report on Tuesday, June 16th. The Goldman Sachs Group cut shares of Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Finally, Jefferies Financial Group raised shares of Symrise to a “hold” rating in a report on Wednesday, April 22nd.

Symrise Stock Down 1.2%

Shares of SYIEY opened at $25.26 on Friday. The stock’s fifty day simple moving average is $23.78 and its 200-day simple moving average is $22.20. Symrise has a 12-month low of $19.31 and a 12-month high of $26.26.

About Symrise

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.