Symrise (SY1) Given a €75.00 Price Target at UBS
Symrise (FRA:SY1) has been given a €75.00 ($89.29) price objective by investment analysts at UBS in a research note issued on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock. UBS’s target price points to a potential upside of 5.31% from the company’s previous close.
SY1 has been the subject of a number of other research reports. Societe Generale set a €62.00 ($73.81) target price on Symrise and gave the stock a “neutral” rating in a research report on Tuesday, August 22nd. Deutsche Bank set a €75.00 ($89.29) target price on Symrise and gave the stock a “buy” rating in a research report on Monday, October 2nd. Nord/LB set a €70.00 ($83.33) target price on Symrise and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Baader Bank set a €65.00 ($77.38) target price on Symrise and gave the stock a “buy” rating in a research report on Monday, October 2nd. Finally, BNP Paribas set a €72.00 ($85.71) target price on Symrise and gave the stock a “buy” rating in a research report on Monday, September 25th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €65.94 ($78.50).
Symrise (FRA:SY1) opened at €71.22 ($84.79) on Thursday. Symrise has a 1-year low of €54.35 ($64.70) and a 1-year high of €72.50 ($86.31).
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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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