Goldman Sachs Group Analysts Give Symrise (SY1) a €55.60 Price Target

Symrise (FRA:SY1) has been given a €55.60 ($66.19) target price by analysts at Goldman Sachs Group in a research report issued on Thursday. The firm currently has a “sell” rating on the stock. Goldman Sachs Group’s price objective points to a potential downside of 19.51% from the company’s previous close.

A number of other research firms have also recently commented on SY1. JPMorgan Chase & Co. set a €65.00 ($77.38) target price on shares of Symrise and gave the stock a “neutral” rating in a report on Monday. Sanford C. Bernstein set a €58.00 ($69.05) target price on shares of Symrise and gave the stock a “neutral” rating in a report on Monday. Deutsche Bank set a €78.00 ($92.86) target price on shares of Symrise and gave the stock a “buy” rating in a report on Tuesday. Societe Generale set a €85.00 ($101.19) target price on shares of Symrise and gave the stock a “buy” rating in a report on Tuesday, December 5th. Finally, Nord/LB set a €70.00 ($83.33) target price on shares of Symrise and gave the stock a “neutral” rating in a report on Friday, December 8th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. Symrise presently has an average rating of “Hold” and a consensus target price of €66.91 ($79.66).

Symrise (FRA:SY1) opened at €69.08 ($82.24) on Thursday. The company has a market cap of $8,960.00 and a PE ratio of 34.37. Symrise has a fifty-two week low of €54.35 ($64.70) and a fifty-two week high of €73.48 ($87.48).

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About Symrise

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.

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