Symrise (ETR:SY1) Stock Upgrade
Deutsche Bank AG raised shares of Symrise (ETR:SY1) to a “Buy” rating in a recent report issued to clients and investors on 4 December. The financial firm after the upgrade has a EUR 72.00 price target on shares.
From a total of 13 analysts covering Symrise (ETR:SY1) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 8 a ”Hold”. This means that 38% of the ratings are positive. The highest target price is €70 while the lowest target price is €53. The mean of all analyst targets is €62.50 with a 1.12% above today’s (€61.81) stock price. Symrise was the topic of 32 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on November 21 with “Neutral” rating. Kepler Cheuvreux maintained shares with “Hold” rating and €60 target share price in a report from a November 11. DZ-Bank AG upgraded SY1 stock in a recent report from November 12 to “Buy” rating. Bankhaus Lampe upgraded the rating on November 10. Bankhaus Lampe has a “Buy” rating and a €68 price target on shares. Finally, Landesbank maintained the stock with “Hold” rating in a report issued on a November 11.
The stock decreased 1.69% or EUR 1.06 on December 3, striking EUR 61.81. Approximately 255,566 shares of stock traded hands or 5.01% up from the average. Symrise AG (ETR:SY1) has risen 11.62% since May 7, 2015 and is uptrending. It has outperformed by 11.91% the S&P500.
Symrise AG is a Germany-based fragrances and flavors manufacturer. The company has a market cap of 8.02 billion EUR. The Firm diversifies its activities into two business divisions: Flavor & Nutrition and Scent & Care. It has 35.9 P/E ratio. The Flavor & Nutrition business division produces flavors in liquid, powder, granulated and paste form, providing individual flavors, as well as complete solutions which, apart from aroma, can contain additional functional raw materials, colorants or microencapsulated components.