Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Given Average Rating of “Moderate Buy” by Analysts

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) has been assigned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of brokerages have issued reports on SYIEY. Jefferies Financial Group raised shares of Symrise to a “hold” rating in a report on Wednesday, April 22nd. Morgan Stanley reissued an “overweight” rating on shares of Symrise in a report on Tuesday. Zacks Research raised shares of Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th.

Symrise Price Performance

Symrise stock traded up $0.09 during trading hours on Tuesday, reaching $23.87. The stock had a trading volume of 25,528 shares, compared to its average volume of 136,080. Symrise has a 52 week low of $19.31 and a 52 week high of $28.50. The company has a fifty day simple moving average of $22.20 and a 200-day simple moving average of $21.36.

About Symrise

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.