Givaudan SA (OTCMKTS:GVDNY) Given Consensus Recommendation of “Hold” by Analysts

Givaudan SA (OTCMKTS:GVDNY) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

GVDNY has been the subject of several research reports. Zacks Research upgraded shares of Givaudan from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft raised Givaudan from a “hold” rating to a “buy” rating in a report on Tuesday, June 9th. Kepler Capital Markets lowered Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group raised Givaudan from a “sell” rating to a “buy” rating in a report on Monday, June 8th. Finally, Barclays lowered Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 27th.

Givaudan Price Performance

OTCMKTS:GVDNY opened at $84.12 on Thursday. The company has a quick ratio of 1.13, a current ratio of 1.74 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $77.69 and its 200 day moving average price is $76.06. Givaudan has a 52-week low of $65.97 and a 52-week high of $96.36.

About Givaudan

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.