Symrise (SY1) Given a €81.00 Price Target at Morgan Stanley

Symrise (FRA:SY1) has been given a €81.00 ($94.19) price objective by equities researchers at Morgan Stanley in a research note issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Morgan Stanley’s price target would suggest a potential downside of 3.94% from the stock’s current price.

Several other brokerages have also commented on SY1. Independent Research set a €74.00 ($86.05) price target on shares of Symrise and gave the company a “neutral” rating in a research note on Tuesday, January 22nd. Goldman Sachs Group set a €76.00 ($88.37) price objective on shares of Symrise and gave the company a “neutral” rating in a research note on Thursday, March 21st. Warburg Research set a €87.00 ($101.16) price objective on shares of Symrise and gave the company a “buy” rating in a research note on Monday, February 11th. UBS Group set a €85.00 ($98.84) price objective on shares of Symrise and gave the company a “neutral” rating in a research note on Thursday, April 11th. 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 note on Monday, February 25th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the stock. Symrise presently has an average rating of “Hold” and a consensus price target of €78.55 ($91.34).

Shares of FRA:SY1 opened at €84.32 ($98.05) on Friday. Symrise has a 52 week low of €56.96 ($66.23) and a 52 week high of €73.48 ($85.44).

Symrise Company Profile

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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