FRANKFURT (dpa-AFX Broker) - Shares in Symrise were even weaker than those of its competitor Givaudan on Tuesday, falling more than 3 percent to 96.22 euros. Symrise thus landed at its lowest level since March 2024. Analyst Charlie Bentley of the investment bank Jefferies wrote in his commentary on Monday evening a few things that investors probably did not like to hear.

In his outlook, he concluded that 2025 will not be as "golden" a year for the industry as 2024. However, he said that the inventory reduction, ambitious settlement values and interest rate concerns are already well priced in by the price correction. In a separate note specifically on Symrise, he cut the price target. He expressed concern that margin ambitions are coming at the expense of growth. However, his price target of 114 euros is still above the current price level./ag/mis