Symrise (ETR:SY1) Rating Improved
Symrise (ETR:SY1) was raised by DZ-Bank AG to “Buy” rating in a research note revealed to clients and investors on Wednesday, 10 February.
In spite of the company’s rating upgrade ETR:SY1 is currently trading -4.40% lower at EUR 55.00 as of 15:53 Frankfurt time. Symrise shares have gained 3.42% in the past 200 days, while the Standard & Poor’s 500 index has decreased -12.19% for the same time period.
ETR:SY1 Price Chart & Trend
The stock price of Symrise gained 3.42% over the last 200 days, and is in fragile up trend. In the last 50 and 100 days, Symrise is down 9.93% and up 7.62%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Symrise (ETR:SY1) Profile
Symrise AG is a Germany-based fragrances and flavors manufacturer. The Company diversifies its activities into two business divisions: Flavor & Nutrition and Scent & Care. The Flavor & Nutrition business division produces flavors in liquid, powder, granulated and paste form, providing individual flavors, as well as complete solutions which, apart from aroma, can contain additional functional raw materials, colorants or microencapsulated components.
Symrise (ETR:SY1) traded down -4.40% on 10 February, hitting EUR 55. A total of 464,012 shares of the company’s stock traded hands. This is up from average of 303,403 shares. Symrise has a 52 week low of EUR 50.37 and a 52 week high of EUR 64.47. The company has a market cap of 7.14 billion EUR and a P/E ratio of 31.94.
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