Givaudan (OTCMKTS:GVDNY) Stock Rating Upgraded by Zacks Research

Givaudan (OTCMKTS:GVDNY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other brokerages have also recently commented on GVDNY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Givaudan in a research report on Friday, January 30th. Barclays cut Givaudan from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 27th. Citigroup restated a “neutral” rating on shares of Givaudan in a research note on Tuesday, February 3rd. Berenberg Bank lowered Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, The Goldman Sachs Group lowered Givaudan from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, February 10th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Givaudan has an average rating of “Hold”.

Givaudan Stock Up 0.1%

OTCMKTS:GVDNY opened at $70.16 on Monday. Givaudan has a 1 year low of $65.97 and a 1 year high of $103.39. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13. The stock has a 50-day moving average price of $70.36 and a two-hundred day moving average price of $76.75.

Givaudan Company Profile

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.