Symrise AG (SY1) Receives €67.78 Average PT from Brokerages

Symrise AG (FRA:SY1) has earned a consensus recommendation of “Hold” from the nineteen analysts that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is €67.78 ($83.68).

SY1 has been the subject of several research reports. UBS set a €70.00 ($86.42) target price on shares of Symrise and gave the company a “neutral” rating in a research note on Wednesday, January 24th. Credit Suisse Group set a €73.00 ($90.12) target price on shares of Symrise and gave the company a “buy” rating in a research note on Thursday, March 15th. Nord/LB set a €70.00 ($86.42) target price on shares of Symrise and gave the company a “buy” rating in a research note on Wednesday, March 14th. Barclays set a €64.00 ($79.01) target price on shares of Symrise and gave the company a “neutral” rating in a research note on Thursday, March 15th. Finally, Berenberg Bank set a €64.00 ($79.01) target price on shares of Symrise and gave the company a “neutral” rating in a research note on Thursday, March 15th.

Shares of FRA SY1 traded up €2.14 ($2.64) during mid-day trading on Thursday, hitting €66.82 ($82.49). The company had a trading volume of 399,904 shares. Symrise has a 12 month low of €56.96 ($70.32) and a 12 month high of €73.48 ($90.72).

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Symrise Company Profile

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.

Analyst Recommendations for Symrise (FRA:SY1)

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