Givaudan (OTCMKTS:GVDNY) Downgraded by Citigroup

Givaudan (OTCMKTS:GVDNY) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a research report issued on Thursday, Briefing.com reports.

Separately, Barclays raised Givaudan to a “hold” rating in a research note on Wednesday, September 18th.

Givaudan Trading Down 1.5 %

Shares of GVDNY traded down $1.53 on Thursday, reaching $101.71. The company’s stock had a trading volume of 14,135 shares, compared to its average volume of 16,670. Givaudan has a twelve month low of $62.28 and a twelve month high of $110.32. The firm has a fifty day moving average of $103.16 and a 200-day moving average of $96.35.

About Givaudan

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.