Symrise (FRA:SY1 – Get an evaluation) was assigned a target price of €108.00 ($112.50) by stock analysts Sanford C. Bernstein in a note to investors released Tuesday, Borsen Zeitung reports. Sanford C. Bernstein’s price target would indicate a potential upside of 8.56% from the current stock price.
SY1 has been the subject of a number of other reports. Warburg Research set a price target of €102.00 ($106.25) on Symrise in a Tuesday, May 10 report. JPMorgan Chase & Co. set a price target of €115.00 ($119.79) on Symrise in a Wednesday, April 27 report. Jefferies Financial Group set a price target of €125.00 ($130.21) on Symrise in a Friday, May 27 report. Baader Bank set a price target of €115.00 ($119.79) on Symrise in a Monday, May 16 report. Finally, UBS Group set a price target of €130.00 ($135.42) on Symrise in a Thursday, April 28 report.
SY1 stock opened at €99.48 ($103.63) on Tuesday. Symrise has a 12-month low of €56.96 ($59.33) and a 12-month high of €73.48 ($76.54). The stock’s 50-day moving average is €106.19 and its 200-day moving average is €111.22.
About Symrise (Get a rating)
Symrise AG supplies fragrances, flavors, cosmetic active ingredients and raw materials, as well as functional ingredients. It operates through two segments, Taste, Nutrition & Health and Fragrance & Care. The Taste, Nutrition and Health segment provides functional ingredients and flavor solutions used in food and beverage production; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby foods and dietary supplements; product and service solutions for pet food manufacturers; sustainable ingredients and services for aquatic feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for dietary supplements and functional foods.
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