Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) have received an average rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts recently issued reports on SYIEY shares. The Goldman Sachs Group raised Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Zacks Research downgraded Symrise from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Jefferies Financial Group lowered Symrise from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, March 4th.

Symrise Trading Up 1.9%

OTCMKTS SYIEY opened at $21.14 on Tuesday. Symrise has a 12-month low of $19.31 and a 12-month high of $30.58. The company has a fifty day simple moving average of $21.39 and a two-hundred day simple moving average of $21.21. The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 0.34.

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.