Symrise (FRA:SY1) has been given a €55.60 ($68.64) price target by analysts at Goldman Sachs Group in a report released on Monday. The brokerage currently has a “sell” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential downside of 17.95% from the company’s current price.
Several other brokerages have also recently issued reports on SY1. UBS Group set a €70.00 ($86.42) price objective on Symrise and gave the stock a “neutral” rating in a research note on Wednesday, January 24th. Independent Research set a €73.00 ($90.12) price objective on Symrise and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Nord/LB set a €70.00 ($86.42) price objective on Symrise and gave the stock a “neutral” rating in a research note on Friday, December 8th. Berenberg Bank set a €67.00 ($82.72) price objective on Symrise and gave the stock a “neutral” rating in a research note on Thursday, November 16th. Finally, Baader Bank set a €65.50 ($80.86) price objective on Symrise and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. Symrise currently has a consensus rating of “Hold” and a consensus target price of €67.68 ($83.56).
Symrise (SY1) traded down €0.32 ($0.40) during trading on Monday, hitting €67.76 ($83.65). The stock had a trading volume of 225,361 shares. The stock has a market cap of $8,960.00 and a PE ratio of 33.71. Symrise has a 12 month low of €54.35 ($67.10) and a 12 month high of €73.48 ($90.72).
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Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.
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