Brokerages Set Symrise AG (FRA:SY1) Price Target at $78.90

Shares of Symrise AG (FRA:SY1) have earned a consensus recommendation of “Hold” from the twenty analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is €79.10 ($91.98).

Several analysts recently commented on SY1 shares. Goldman Sachs Group set a €76.00 ($88.37) price target on shares of Symrise and gave the stock a “neutral” rating in a report on Thursday, March 21st. JPMorgan Chase & Co. set a €60.00 ($69.77) price target on shares of Symrise and gave the stock a “sell” rating in a report on Tuesday, March 26th. Warburg Research set a €87.00 ($101.16) price target on shares of Symrise and gave the stock a “buy” rating in a report on Wednesday, March 13th. UBS Group set a €85.00 ($98.84) price objective on shares of Symrise and gave the company a “neutral” rating in a research report on Tuesday, April 30th. Finally, Kepler Capital Markets set a €75.00 ($87.21) price objective on shares of Symrise and gave the company a “neutral” rating in a research report on Monday, February 25th.

Shares of SY1 stock traded down €0.20 ($0.23) during trading on Tuesday, hitting €88.28 ($102.65). 172,446 shares of the company were exchanged. Symrise has a twelve month low of €56.96 ($66.23) and a twelve month high of €73.48 ($85.44).

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.

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Analyst Recommendations for Symrise (FRA:SY1)

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