Givaudan (OTCMKTS:GVDNY) Downgraded by Kepler Capital Markets to “Hold”

by · The Cerbat Gem

Givaudan (OTCMKTS:GVDNY – Get Free Report) was downgraded by research analysts at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

GVDNY has been the subject of a number of other reports. The Goldman Sachs Group cut Givaudan from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Givaudan in a research note on Friday, January 30th. Zacks Research cut Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, March 27th. Berenberg Bank cut Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, Barclays cut Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 27th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Givaudan currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on Givaudan

Givaudan Stock Down 0.2%

Shares of GVDNY stock opened at $68.35 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.74 and a debt-to-equity ratio of 0.92. The stock has a 50-day moving average of $70.53 and a 200-day moving average of $77.02. Givaudan has a one year low of $65.97 and a one year high of $103.39.

About Givaudan

(Get Free Report)

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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