Commerzbank set a €67.00 ($77.91) price target on Symrise (FRA:SY1) in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the stock.
SY1 has been the topic of several other research reports. Deutsche Bank set a €88.00 ($102.33) target price on Symrise and gave the company a buy rating in a research note on Thursday, August 16th. Berenberg Bank set a €70.00 ($81.40) target price on Symrise and gave the company a neutral rating in a research note on Wednesday, August 15th. Goldman Sachs Group set a €58.20 ($67.67) target price on Symrise and gave the company a sell rating in a research note on Monday, September 3rd. JPMorgan Chase & Co. set a €65.00 ($75.58) target price on Symrise and gave the company a neutral rating in a research note on Tuesday, August 14th. Finally, Morgan Stanley set a €75.00 ($87.21) target price on Symrise and gave the company a neutral rating in a research note on Friday, October 12th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €74.09 ($86.15).
Shares of SY1 opened at €72.02 ($83.74) on Wednesday. Symrise has a 12-month low of €56.96 ($66.23) and a 12-month high of €73.48 ($85.44).
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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