Symrise (FRA:SY1) received a €89.00 ($103.49) price target from stock analysts at UBS Group in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 10.20% from the stock’s previous close.
SY1 has been the subject of a number of other reports. Credit Suisse Group set a €87.00 ($101.16) target price on Symrise and gave the company a “buy” rating in a research report on Tuesday, April 30th. Independent Research set a €85.00 ($98.84) target price on Symrise and gave the company a “neutral” rating in a research report on Wednesday, May 8th. Deutsche Bank set a €94.00 ($109.30) price target on Symrise and gave the stock a “buy” rating in a research report on Wednesday, July 3rd. Kepler Capital Markets set a €78.50 ($91.28) price target on Symrise and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. Finally, Nord/LB set a €79.00 ($91.86) price target on Symrise and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of €79.50 ($92.44).
FRA SY1 traded down €2.42 ($2.81) on Monday, reaching €80.76 ($93.91). 147,960 shares of the stock traded hands. The stock’s fifty day simple moving average is €84.66. Symrise has a 12 month low of €56.96 ($66.23) and a 12 month 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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