Baader Bank set a €85.00 ($98.84) target price on Symrise (FRA:SY1) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts also recently weighed in on the stock. Kepler Capital Markets set a €78.50 ($91.28) target price on shares of Symrise and gave the stock a neutral rating in a research report on Tuesday, April 30th. Deutsche Bank set a €94.00 ($109.30) price objective on shares of Symrise and gave the company a buy rating in a research report on Wednesday, July 3rd. Nord/LB set a €82.00 ($95.35) price objective on shares of Symrise and gave the company a neutral rating in a research report on Thursday, August 8th. Credit Suisse Group set a €87.00 ($101.16) price objective on shares of Symrise and gave the company a buy rating in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. set a €63.00 ($73.26) price objective on shares of Symrise and gave the company a sell rating in a research report on Thursday, August 8th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. Symrise currently has an average rating of Hold and an average price target of €81.78 ($95.09).
FRA:SY1 opened at €81.12 ($94.33) on Wednesday. The firm’s 50-day moving average price is €83.05 and its 200-day moving average price is €82.30. 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.
Further Reading: Average Daily Trade Volume – ADTV
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