Givaudan (OTCMKTS:GVDNY) Cut to Neutral at Citigroup

Citigroup lowered shares of Givaudan (OTCMKTS:GVDNY) from a buy rating to a neutral rating in a research report released on Thursday morning, Marketbeat.com reports.

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

Givaudan Price Performance

OTCMKTS GVDNY opened at $100.33 on Thursday. The firm has a 50 day simple moving average of $103.30 and a 200-day simple moving average of $96.50. Givaudan has a one year low of $62.28 and a one year high of $110.32.

Givaudan Company Profile

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.