Symrise (FRA:SY1) has been assigned a €65.00 ($80.25) price objective by Barclays in a report released on Wednesday, February 28th. The brokerage presently has a “neutral” rating on the stock. Barclays’ price target points to a potential upside of 4.84% from the stock’s previous close.
SY1 has been the topic of several other reports. JPMorgan Chase & Co. set a €65.00 ($80.25) target price on shares of Symrise and gave the company a “neutral” rating in a report on Monday, January 8th. Sanford C. Bernstein set a €58.00 ($71.60) price target on shares of Symrise and gave the stock a “neutral” rating in a research report on Monday, January 8th. Deutsche Bank set a €78.00 ($96.30) target price on shares of Symrise and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Societe Generale set a €85.00 ($104.94) price target on shares of Symrise and gave the stock a “buy” rating in a report on Tuesday, December 5th. Finally, Nord/LB set a €70.00 ($86.42) price target on shares of Symrise and gave the stock a “neutral” rating in a report on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of €68.42 ($84.47).
Shares of Symrise (FRA SY1) traded down €4.54 ($5.60) during mid-day trading on Wednesday, reaching €62.00 ($76.54). 1,598 shares of the company’s stock were exchanged. The firm has a market capitalization of $7,910.00 and a PE ratio of 30.85. 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 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.
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