Berenberg Bank Reiterates “€89.00” Price Target for Symrise (FRA:SY1)

Berenberg Bank set a €89.00 ($103.49) target price on Symrise (FRA:SY1) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also recently weighed in on SY1. UBS Group set a €89.00 ($103.49) price target on Symrise and gave the stock a neutral rating in a research report on Monday, August 12th. Deutsche Bank set a €94.00 ($109.30) price target on shares of Symrise and gave the stock a buy rating in a report on Wednesday, July 3rd. JPMorgan Chase & Co. set a €63.00 ($73.26) price objective on shares of Symrise and gave the company a sell rating in a report on Wednesday, August 14th. Baader Bank set a €85.00 ($98.84) target price on Symrise and gave the company a neutral rating in a research report on Wednesday, August 14th. Finally, Morgan Stanley set a €81.00 ($94.19) price target on shares of Symrise and gave the stock a neutral rating in a report on Monday, July 15th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €82.33 ($95.73).

Symrise stock opened at €87.46 ($101.70) on Monday. Symrise has a 12-month low of €56.96 ($66.23) and a 12-month high of €73.48 ($85.44). The firm has a 50-day moving average price of €82.97 and a 200-day moving average price of €83.03.

About Symrise

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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