Deutsche Bank Aktiengesellschaft Trims International Flavors & Fragrances (NYSE:IFF) Target Price to $110.00

International Flavors & Fragrances (NYSE:IFFGet Rating) had its price target decreased by Deutsche Bank Aktiengesellschaft from $115.00 to $110.00 in a research report report published on Friday morning, The Fly reports.

Several other equities research analysts also recently issued reports on the company. Morgan Stanley lowered their price target on International Flavors & Fragrances from $149.00 to $136.00 and set an overweight rating on the stock in a research report on Monday, September 26th. StockNews.com downgraded International Flavors & Fragrances from a hold rating to a sell rating in a research report on Thursday, November 10th. Robert W. Baird lowered their price target on International Flavors & Fragrances from $140.00 to $120.00 and set an outperform rating on the stock in a research report on Wednesday, November 9th. Barclays lifted their target price on International Flavors & Fragrances from $102.00 to $105.00 and gave the stock an underweight rating in a research report on Thursday, August 11th. Finally, The Goldman Sachs Group decreased their target price on International Flavors & Fragrances from $159.00 to $142.00 and set a buy rating on the stock in a research report on Tuesday, October 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of Hold and a consensus price target of $125.06.

International Flavors & Fragrances Trading Down 1.2 %

Shares of NYSE:IFF opened at $99.36 on Friday. The company has a market cap of $25.33 billion, a P/E ratio of -14.44, a P/E/G ratio of 3.68 and a beta of 1.05. The stock’s 50-day moving average is $96.90 and its 200-day moving average is $112.99. International Flavors & Fragrances has a 52-week low of $83.14 and a 52-week high of $154.03. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.00 and a current ratio of 1.79.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of IFF. Exchange Traded Concepts LLC raised its stake in shares of International Flavors & Fragrances by 71.6% in the first quarter. Exchange Traded Concepts LLC now owns 3,705 shares of the specialty chemicals company’s stock valued at $487,000 after acquiring an additional 1,546 shares during the last quarter. Advisor Partners LLC raised its stake in shares of International Flavors & Fragrances by 4.0% in the first quarter. Advisor Partners LLC now owns 3,298 shares of the specialty chemicals company’s stock valued at $433,000 after acquiring an additional 127 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in shares of International Flavors & Fragrances by 4.9% in the first quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the specialty chemicals company’s stock valued at $1,102,000 after acquiring an additional 393 shares during the last quarter. Greenleaf Trust raised its stake in shares of International Flavors & Fragrances by 5.6% in the first quarter. Greenleaf Trust now owns 3,063 shares of the specialty chemicals company’s stock valued at $402,000 after acquiring an additional 162 shares during the last quarter. Finally, Comerica Bank raised its position in International Flavors & Fragrances by 0.8% in the 1st quarter. Comerica Bank now owns 38,920 shares of the specialty chemicals company’s stock worth $4,870,000 after purchasing an additional 295 shares during the last quarter. Institutional investors own 89.74% of the company’s stock.

International Flavors & Fragrances Company Profile

(Get Rating)

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through Nourish, Scent, Health & Biosciences, and Pharma Solutions segments.

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