Givaudan (OTCMKTS:GVDBF)‘s stock had its “sell” rating reiterated by equities researchers at Sanford C. Bernstein in a research note issued to investors on Tuesday, Borsen Zeitung reports.
Several other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Givaudan in a report on Thursday, January 7th. Berenberg Bank restated a “buy” rating on shares of Givaudan in a report on Friday, October 9th. UBS Group reaffirmed a “buy” rating on shares of Givaudan in a research note on Tuesday, December 8th. Morgan Stanley reaffirmed a “neutral” rating on shares of Givaudan in a research note on Friday, October 30th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating on shares of Givaudan in a research note on Tuesday, December 8th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold”.
Shares of OTCMKTS GVDBF opened at $4,109.00 on Tuesday. The company’s 50 day simple moving average is $4,058.01 and its 200 day simple moving average is $4,118.11. Givaudan has a fifty-two week low of $2,748.00 and a fifty-two week high of $4,481.00.
Givaudan Company Profile
Givaudan SA, together with its subsidiaries, manufactures and sells fragrance and flavor products to the food, beverage, consumer goods, and fragrance and cosmetics industries worldwide. The company operates through two divisions, Fragrance and Flavour. The Fragrance division provides fragrance ingredients and active beauty products; fine fragrances; and fragrances for use in fabric and personal care, skin and hair care, household, and oral care products.
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