Symrise (SY1) PT Set at €55.60 by Goldman Sachs Group

Symrise (FRA:SY1) has been assigned a €55.60 ($66.19) price objective by investment analysts at Goldman Sachs Group in a report released on Thursday. The brokerage currently has a “sell” rating on the stock. Goldman Sachs Group’s target price indicates a potential downside of 19.95% from the stock’s current price.

SY1 has been the subject of several other reports. Deutsche Bank set a €75.00 ($89.29) target price on Symrise and gave the company a “buy” rating in a research note on Monday, October 2nd. Nord/LB set a €70.00 ($83.33) target price on Symrise and gave the company a “neutral” rating in a research note on Wednesday, November 8th. Baader Bank set a €65.00 ($77.38) target price on Symrise and gave the company a “buy” rating in a research note on Monday, October 2nd. Sanford C. Bernstein set a €58.00 ($69.05) target price on Symrise and gave the company a “neutral” rating in a research note on Monday, January 8th. Finally, BNP Paribas set a €72.00 ($85.71) price target on Symrise and gave the company a “buy” rating in a research note on Monday, September 25th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Symrise has a consensus rating of “Hold” and a consensus target price of €66.91 ($79.66).

Shares of Symrise (FRA SY1) traded up €0.28 ($0.33) on Thursday, hitting €69.46 ($82.69). The stock had a trading volume of 270 shares. The firm has a market cap of $9,060.00 and a P/E ratio of 34.56. Symrise has a 12 month low of €54.35 ($64.70) and a 12 month high of €73.48 ($87.48).

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Symrise Company Profile

Symrise AG develops, produces, and sells fragrances, flavorings, and cosmetic ingredients. It operates through two segments, Flavor & Nutrition and Scent & Care. The Flavor & Nutrition segment provides flavorings, which are used in alcoholic, non-alcoholic, dried and instant beverages, soups, sauces, ready-made meals, instant noodles, and meat products; seasonings for snacks; and products for sweets, chocolates, chewing gum, baked goods, cereals, ice cream, and milk products.

Analyst Recommendations for Symrise (FRA:SY1)

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