Givaudan SA (OTCMKTS:GVDNY) Given Consensus Rating of “Hold” by Analysts

Givaudan SA (OTCMKTS:GVDNY) has been assigned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

A number of research analysts have recently weighed in on the company. Berenberg Bank downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Barclays downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 27th. Kepler Capital Markets downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group upgraded Givaudan from a “sell” rating to a “buy” rating in a research note on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Givaudan from a “hold” rating to a “buy” rating in a research note on Tuesday.

Givaudan Trading Up 0.6%

Shares of GVDNY stock opened at $80.09 on Friday. Givaudan has a 1-year low of $65.97 and a 1-year high of $101.62. The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.92. The stock’s fifty day simple moving average is $72.17 and its 200-day simple moving average is $75.68.

About Givaudan

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.