Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Consensus Rating of “Moderate Buy” by Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several research firms have recently commented on SYIEY. The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Symrise in a research note on Tuesday. Jefferies Financial Group raised Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Finally, Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th.

Symrise Price Performance

OTCMKTS SYIEY opened at $24.42 on Tuesday. The stock’s 50-day moving average price is $22.42 and its 200-day moving average price is $21.46. Symrise has a 52 week low of $19.31 and a 52 week high of $28.16.

About Symrise

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.