Barclays set a €70.00 ($81.40) price objective on Symrise (FRA:SY1) in a research note issued to investors on Friday. The brokerage currently has a neutral rating on the stock.
Several other analysts have also issued reports on the company. Morgan Stanley set a €75.00 ($87.21) target price on Symrise and gave the stock a neutral rating in a research note on Wednesday, August 29th. Societe Generale set a €91.00 ($105.81) price objective on Symrise and gave the company a buy rating in a research report on Monday, August 27th. Goldman Sachs Group set a €58.20 ($67.67) price objective on Symrise and gave the company a sell rating in a research report on Monday, September 3rd. JPMorgan Chase & Co. set a €77.00 ($89.53) price objective on Symrise and gave the company a neutral rating in a research report on Friday, October 19th. Finally, Hauck & Aufhaeuser set a €75.00 ($87.21) price objective on Symrise and gave the company a neutral rating in a research report on Friday, August 31st. Three investment 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 company presently has a consensus rating of Hold and an average price target of €74.13 ($86.19).
Shares of SY1 opened at €71.32 ($82.93) on Friday. Symrise has a 1 year low of €56.96 ($66.23) and a 1 year high of €73.48 ($85.44).
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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