Symrise (FRA:SY1) has been given a €68.00 ($83.95) target price by equities researchers at Independent Research in a note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Independent Research’s price objective would indicate a potential upside of 9.68% from the company’s current price.
Several other equities analysts have also recently weighed in on SY1. Berenberg Bank set a €67.00 ($82.72) price target on Symrise and gave the company a “neutral” rating in a research report on Thursday, November 16th. Kepler Capital Markets set a €65.50 ($80.86) price target on Symrise and gave the company a “neutral” rating in a research report on Tuesday, November 28th. Societe Generale set a €85.00 ($104.94) price target on Symrise and gave the company a “buy” rating in a research report on Tuesday, December 5th. UBS Group set a €75.00 ($92.59) price target on Symrise and gave the company a “neutral” rating in a research report on Thursday, December 7th. Finally, Nord/LB set a €70.00 ($86.42) price target on Symrise and gave the company a “neutral” rating in a research report on Friday, December 8th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €68.42 ($84.47).
Shares of Symrise (FRA SY1) traded down €4.54 ($5.60) during midday trading on Wednesday, hitting €62.00 ($76.54). The stock had a trading volume of 1,598 shares. The stock has a market capitalization of $7,910.00 and a PE ratio of 30.85. Symrise has a one year low of €56.96 ($70.32) and a one year high of €73.48 ($90.72).
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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