Deutsche Bank set a €78.00 ($92.86) price objective on Symrise (FRA:SY1) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the stock.
Several other analysts have also issued reports on the company. Sanford C. Bernstein set a €58.00 ($69.05) target price on Symrise and gave the stock a neutral rating in a research note on Monday. JPMorgan Chase & Co. set a €65.00 ($77.38) target price on Symrise and gave the stock a neutral rating in a research note on Monday. Nord/LB set a €70.00 ($83.33) target price on Symrise and gave the stock a neutral rating in a research note on Friday, December 8th. UBS Group set a €75.00 ($89.29) target price on Symrise and gave the stock a neutral rating in a research note on Thursday, December 7th. Finally, Societe Generale set a €85.00 ($101.19) target price on Symrise and gave the stock a buy rating in a research note on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €66.91 ($79.66).
Shares of Symrise (FRA:SY1) opened at €69.20 ($82.38) on Tuesday. The stock has a market capitalization of $8,980.00 and a P/E ratio of 34.43. Symrise has a 52 week low of €54.35 ($64.70) and a 52 week high of €73.48 ($87.48).
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Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through two segments, Flavor & Nutrition and Scent & Care. The Flavor & Nutrition segment provides flavorings, which are used in alcoholic, non-alcoholic, dried and instant beverages, soups, sauces, ready-made meals, instant noodles, and meat products; seasonings for snacks; and products for sweets, chocolates, chewing gum, baked goods, cereals, ice cream, and milk products.
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