Symrise (SYIEY) Expected to Announce Earnings on Thursday

Symrise (OTCMKTS:SYIEY) will likely be releasing its resultson Thursday, July 30th. Analysts expect Symrise to post earnings of $0.5380 per share and revenue of $2.8936 billion for the quarter.

Symrise Trading Up 0.7%

OTCMKTS:SYIEY opened at $25.10 on Thursday. The stock has a 50-day moving average price of $23.99 and a 200 day moving average price of $22.32. Symrise has a 12-month low of $19.31 and a 12-month high of $26.26.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Jefferies Financial Group upgraded Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

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.