Berenberg Bank Analysts Give Symrise (FRA:SY1) a €89.00 Price Target

Berenberg Bank set a €89.00 ($103.49) price objective on Symrise (FRA:SY1) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other analysts have also weighed in on the company. Independent Research set a €85.00 ($98.84) price objective on Symrise and gave the company a neutral rating in a report on Friday, August 9th. Goldman Sachs Group set a €96.00 ($111.63) price objective on Symrise and gave the company a buy rating in a report on Wednesday, August 14th. Baader Bank set a €85.00 ($98.84) price objective on Symrise and gave the company a neutral rating in a report on Wednesday, August 14th. Morgan Stanley set a €81.00 ($94.19) price objective on Symrise and gave the company a neutral rating in a report on Monday, July 15th. Finally, UBS Group set a €89.00 ($103.49) price objective on Symrise and gave the company a neutral rating in a report on Monday, August 12th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €82.33 ($95.73).

FRA:SY1 opened at €88.42 ($102.81) on Monday. Symrise has a one year low of €56.96 ($66.23) and a one year high of €73.48 ($85.44). The business’s 50-day simple moving average is €82.97 and its 200 day simple moving average is €83.03.

About Symrise

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.

Featured Article: LIBOR

Analyst Recommendations for Symrise (FRA:SY1)

Receive News & Ratings for Symrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Symrise and related companies with MarketBeat.com's FREE daily email newsletter.