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Sensient Technologies Corp. (NYSE:SXT) was upgraded by research analysts at KeyCorp from a “hold” rating to a “buy” rating in a report released on Thursday, reports. The firm currently has a $56.00 price objective on the stock. KeyCorp’s price objective points to a potential upside of 14.08% from the stock’s previous close.

Sensient Technologies Corp. (NYSE:SXT) traded up 2.81% during mid-day trading on Thursday, hitting $49.09. 669,324 shares of the company’s stock traded hands. Sensient Technologies Corp. has a one year low of $35.59 and a one year high of $53.35. The stock has a 50-day moving average of $48.63 and a 200-day moving average of $46.56. The company has a market cap of $2.457 billion and a P/E ratio of 21.13.

Sensient Technologies Corporation is a global manufacturer and marketer of colors, flavors and fragrances.

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