November 28, 2016 - By Ellis Scott
Frankfurt: In a report made public on 27 November, BNP PARIBAS reconfirmed their Neutral rating on shares of Symrise (ETR:SY1). They currently have a EUR 66.00 PT on the company. BNP PARIBAS’s target indicates a potential upside of 15.12% from the company’s last stock close price.
Out of 17 analysts covering Symrise (ETR:SY1), 5 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 29% are positive. €75 is the highest target while €53 is the lowest. The €64.92 average target is 14.07% above today’s (€56.91) stock price. Symrise has been the topic of 82 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Tuesday, June 21 by BNP Paribas. The firm earned “Buy” rating on Wednesday, March 9 by Commerzbank. DZ-Bank AG upgraded Symrise AG (ETR:SY1) on Thursday, February 18 to “Buy” rating. JP Morgan maintained it with “Neutral” rating and €60 target price in Saturday, April 16 report. The company was maintained on Wednesday, May 18 by Landesbank. The firm has “Buy” rating given on Friday, December 4 by Deutsche Bank. Baader Wertpapierhandelsbank maintained the stock with “Hold” rating in Wednesday, March 9 report. Deutsche Bank upgraded the shares of SY1 in a report on Thursday, October 8 to “Buy” rating. DZ-Bank AG upgraded the stock to “Buy” rating in Thursday, November 12 report. The rating was maintained by Bernstein with “Market Perform” on Tuesday, September 20.
About 133,008 shares traded hands. Symrise AG (ETR:SY1) has risen 9.38% since April 29, 2016 and is uptrending. It has outperformed by 3.36% the S&P500.
Symrise AG is a Germany-based supplier of fragrances, flavorings, cosmetic active ingredients, raw materials and functional ingredients, as well as sensorial and nutritional solutions. The company has a market cap of 7.39 billion EUR. The firm operates through two divisions: Flavor and Nutrition, and Scent and Care. It has a 30.64 P/E ratio. The Flavor and Nutrition segment develops, produces and sells flavors and functional ingredients that are used in foods, beverages and health products, and also provides tailor-made solutions from natural raw materials for the the food, pet food, aquaculture and cosmetics industries.
More news for Symrise AG (ETR:SY1) were recently published by: Prnewswire.com, which released: “TorQuest Partners Completes Sale of Pinova Holdings, Inc. to Symrise AG” on January 07, 2016. Prnewswire.com‘s article titled: “TorQuest Partners to Sell Pinova Holdings, Inc. to Symrise AG” and published on September 21, 2015 is yet another important article.
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By Ellis Scott