Symrise (SY1) Given a €85.00 Price Target by Societe Generale Analysts
Symrise (FRA:SY1) received a €85.00 ($101.19) price target from investment analysts at Societe Generale in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock. Societe Generale’s target price would suggest a potential upside of 18.72% from the stock’s previous close.
Other equities analysts have also issued reports about the company. Nord/LB set a €66.00 ($78.57) target price on Symrise and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Deutsche Bank set a €75.00 ($89.29) target price on Symrise and gave the stock a “buy” rating in a research note on Thursday, August 10th. Baader Bank set a €70.00 ($83.33) target price on Symrise and gave the stock a “buy” rating in a research note on Wednesday, August 9th. UBS set a €68.00 ($80.95) target price on Symrise and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, BNP Paribas set a €72.00 ($85.71) price objective on Symrise and gave the company a “buy” rating in a research report on Monday, September 25th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €65.50 ($77.98).
Shares of Symrise (SY1) traded up €1.27 ($1.51) on Tuesday, reaching €71.60 ($85.24). 379,175 shares of the company traded hands. Symrise has a 52-week low of €54.35 ($64.70) and a 52-week high of €72.50 ($86.31).
Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through two segments, Flavor & Nutrition and Scent & Care. The Flavor & Nutrition segment provides flavorings, which are used in alcoholic, non-alcoholic, dried and instant beverages, soups, sauces, ready-made meals, instant noodles, and meat products; seasonings for snacks; and products for sweets, chocolates, chewing gum, baked goods, cereals, ice cream, and milk products.
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