Sensient (NYSE:SXT) Wins Improved Rating, Buy from Gabelli Having $94.0 Target Price per Share

Share with your friends


NewYork Sensient NYSE:SXT

Sensient (NYSE:SXT) Rating Upgrade

In a report shared with investors and clients on Monday morning, Gabelli stated it was upgrading Sensient (NYSE:SXT) stock from a Hold to a Buy. The firm has $94.0 target on SXT’s stock.

The firm’s rating upgrade is welcomed by stock traders, as NYSE:SXT is right now trading 0.10% higher at $77.98 as of 6:06 PM New York time. Sensient shares have [From2] 0% over the last 200 days, while the S&P 500 Index has gained 6.00% during the same time.

Institutional Ownership

Sandler Capital Management had the most significant stake with ownership of 300,660 shares as of q2 2015 for 2.8% of the stocks portfolio. Garrison Financial Corp is another bullish investment manager who is having 54,306 shares of Sensient or 2.64% of their stocks portfolio. Moreover, Lloyds Banking Group Plc have 2.47% of their stocks portfolio invested in the company for 3,639 shares. The New York-based fund Wafra Investment Advisory Group Inc Ny disclosed it had acquired a stake worth about 1.67% of the investment manager’s stock portfolio in Sensient. The Illinois-based fund Keeley Asset Management Corp is also positive about the stock, possessing 295,669 shares or 1.57% of their stocks portfolio.

Sensient (NYSE:SXT) Profile

Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals. The Company’s three segments include the Flavors & Fragrances Group and the Color Group, which are managed on a product-and-services basis, and the Asia Pacific Group, which is managed on a geographic basis.

Sensient (NYSE:SXT) traded up 0.10% on 12 February, hitting $77.98. A total of 355,299 shares of the company’s stock traded hands. This is up from average of 192,926 shares. Sensient has a 52 week low of $71.21 and a 52 week high of $84.98. The company has a market cap of $3.42 billion and a P/E ratio of 32.14.

Get the latest Sensient (NYSE:SXT) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.