Symrise (FRA:SY1) has been assigned a €58.00 ($71.60) price objective by analysts at Sanford C. Bernstein in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price target would indicate a potential downside of 6.45% from the company’s previous close.
SY1 has been the subject of several other reports. JPMorgan Chase & Co. set a €65.00 ($80.25) price objective on Symrise and gave the company a “neutral” rating in a research note on Monday, January 8th. Baader Bank set a €70.00 ($86.42) price target on Symrise and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Barclays set a €65.00 ($80.25) price target on Symrise and gave the stock a “neutral” rating in a research note on Wednesday, February 28th. BNP Paribas set a €83.00 ($102.47) price target on Symrise and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Finally, Warburg Research set a €85.00 ($104.94) price target on Symrise and gave the stock a “buy” rating in a research note on Thursday, January 25th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €68.42 ($84.47).
Symrise (FRA SY1) traded down €4.54 ($5.60) during trading hours on Wednesday, hitting €62.00 ($76.54). The stock had a trading volume of 1,598 shares. The company has a market cap of $7,910.00 and a price-to-earnings ratio of 30.85. Symrise has a 1-year low of €56.96 ($70.32) and a 1-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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