Symrise (FRA:SY1) has been assigned a €70.00 ($86.42) price objective by research analysts at Nord/LB in a research report issued on Wednesday, March 14th. The brokerage presently has a “buy” rating on the stock. Nord/LB’s price target would suggest a potential upside of 7.13% from the stock’s previous close.
A number of other research firms have also weighed in on SY1. equinet set a €67.00 ($82.72) target price on Symrise and gave the company a “neutral” rating in a report on Wednesday, March 14th. Warburg Research set a €85.00 ($104.94) price target on Symrise and gave the company a “buy” rating in a research report on Thursday, January 25th. Deutsche Bank set a €78.00 ($96.30) price target on Symrise and gave the company a “buy” rating in a research report on Tuesday, January 9th. Commerzbank set a €64.00 ($79.01) price target on Symrise and gave the company a “neutral” rating in a research report on Wednesday, March 14th. Finally, Sanford C. Bernstein set a €58.00 ($71.60) target price on Symrise and gave the stock a “neutral” rating in a research report on Monday, January 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. Symrise currently has a consensus rating of “Hold” and an average price target of €67.78 ($83.68).
Shares of Symrise stock traded up €0.30 ($0.37) on Wednesday, hitting €65.34 ($80.67). 197,222 shares of the company’s stock traded hands. Symrise has a one year low of €56.96 ($70.32) and a one year 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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