GIVAUDAN SA/ADR (OTCMKTS:GVDNY) Sets New 1-Year High at $72.98

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GIVAUDAN SA/ADR (OTCMKTS:GVDNY) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $72.98 and last traded at $72.97, with a volume of 32111 shares changing hands. The stock had previously closed at $72.00.

GVDNY has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of GIVAUDAN SA/ADR in a report on Monday, April 20th. Berenberg Bank restated a “neutral” rating on shares of GIVAUDAN SA/ADR in a research note on Wednesday, March 25th. Sanford C. Bernstein restated a “sell” rating on shares of GIVAUDAN SA/ADR in a report on Wednesday, April 8th. Goldman Sachs Group reiterated a “sell” rating on shares of GIVAUDAN SA/ADR in a report on Thursday, May 14th. Finally, Credit Suisse Group reissued a “sell” rating on shares of GIVAUDAN SA/ADR in a research report on Tuesday, April 14th. Five research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. GIVAUDAN SA/ADR has a consensus rating of “Hold”.

The business’s 50-day simple moving average is $67.57 and its 200 day simple moving average is $63.48.

GIVAUDAN SA/ADR Company Profile (OTCMKTS:GVDNY)

Givaudan SA, together with its subsidiaries, manufactures and sells fragrance and flavor products to the food, beverage, consumer goods, and fragrance and cosmetics industries worldwide. The company operates through two divisions, Fragrance and Flavour. The Fragrance division provides fragrance ingredients and active beauty products; fine fragrances; and fragrances for use in fabric and personal care, skin and hair care, household, and oral care products.

Further Reading: Neutral Rating

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