Symrise AG (FRA:SY1) Receives Average Recommendation of “Hold” from Brokerages
Shares of Symrise AG (FRA:SY1) have earned an average rating of “Hold” from the twenty analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is €79.30 ($92.21).
SY1 has been the topic of several analyst reports. UBS Group lifted their price target on shares of LyondellBasell Industries from $86.00 to $89.00 and gave the stock a “neutral” rating in a research note on Thursday. Warburg Research set a €47.00 ($54.65) price objective on shares of 1&1 Drillisch and gave the company a “buy” rating in a research report on Tuesday, July 2nd. Goldman Sachs Group set a €152.00 ($176.74) price objective on shares of Aena SME and gave the company a “sell” rating in a research report on Tuesday, April 30th. Kepler Capital Markets restated a “buy” rating and set a $134.00 price objective on shares of Airbus in a research report on Tuesday, April 30th. Finally, Sanford C. Bernstein assumed coverage on shares of Beigene in a research report on Tuesday, June 4th. They set an “outperform” rating and a $201.00 price objective on the stock.
Shares of Symrise stock traded up €0.66 ($0.77) on Friday, hitting €82.84 ($96.33). 256,451 shares of the company’s stock were exchanged. The firm has a 50-day moving average of €85.64. Symrise has a 1 year low of €56.96 ($66.23) and a 1 year high of €73.48 ($85.44).
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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