Givaudan SA (OTCMKTS:GVDNY) Receives Average Rating of "Hold" from Brokerages

Key Points

• The seven analysts covering Givaudan give a consensus rating of "Hold", with a breakdown of 2 sells, 3 holds and 2 buys.
• Sentiment is mixed: Deutsche Bank reissued a buy, while Goldman Sachs cut the stock to a sell and both Barclays and Berenberg downgraded it to hold.
• Givaudan opened at $71.82, trading below its 200-day moving average of $78.57 and inside a 52-week range of $65.97 to $103.39, suggesting subdued price momentum.

Shares of Givaudan SA (OTCMKTS:GVDNY - Get Free Report) have received a consensus recommendation of "Hold" from the seven ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company.

A number of analysts have weighed in on GVDNY shares. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Givaudan in a research report on Friday, January 30th. Barclays downgraded shares of Givaudan from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 27th. Berenberg Bank downgraded shares of Givaudan from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 31st. The Goldman Sachs Group downgraded shares of Givaudan from a "strong-buy" rating to a "sell" rating in a research report on Tuesday, February 10th. Finally, Citigroup reissued a "neutral" rating on shares of Givaudan in a research report on Tuesday, February 3rd.

Givaudan Stock Performance

OTCMKTS:GVDNY opened at $71.82 on Friday. The company has a 50 day simple moving average of $72.62 and a two-hundred day simple moving average of $78.57. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13. Givaudan has a fifty-two week low of $65.97 and a fifty-two week high of $103.39.

About Givaudan

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company's core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.

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