Symrise (FRA:SY1) has been given a €47.00 ($58.02) price objective by equities researchers at Citigroup in a report issued on Thursday, March 15th. The firm currently has a “sell” rating on the stock. Citigroup’s price target would indicate a potential downside of 28.07% from the company’s previous close.
A number of other brokerages have also weighed in on SY1. JPMorgan Chase set a €65.00 ($80.25) price objective 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) target price on shares of Symrise and gave the company 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 company a “buy” rating in a research report on Tuesday, January 9th. Societe Generale set a €85.00 ($104.94) target price on shares of Symrise and gave the company a “buy” rating in a research report on Tuesday, December 5th. Finally, Nord/LB set a €70.00 ($86.42) target price on shares of Symrise and gave the company a “neutral” rating in a research report on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €67.78 ($83.68).
Shares of SY1 traded up €0.30 ($0.37) during trading hours on Thursday, reaching €65.34 ($80.67). 197,222 shares of the company traded hands. 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.
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