Symrise AG (OTCMKTS:SYIEY – Get Rating) – Analysts at Jefferies Financial Group boosted their FY2022 EPS estimates for Symrise in a report released on Wednesday, September 14th. Jefferies Financial Group analyst C. Counihan now forecasts that the company will post earnings of $0.86 per share for the year, up from their previous estimate of $0.82. The consensus estimate for Symrise's current full-year earnings is $0.82 per share. Jefferies Financial Group also issued estimates for Symrise's FY2023 earnings at $0.99 EPS.

Separately, Berenberg Bank dropped their target price on shares of Symrise from €119.00 ($121.43) to €114.00 ($116.33) and set a "hold" rating on the stock in a research note on Tuesday, July 19th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $117.00.

Symrise Stock Down 0.6 %

Symrise Company Profile

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Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through two segments, Taste, Nutrition & Health, and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and flavor solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for aqua feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.

Further Reading

• Get a free copy of the StockNews.com research report on Symrise (SYIEY)
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