International Flavors & Fragrances (NYSE:IFF) Upgraded to Hold by StockNews.com

StockNews.com upgraded shares of International Flavors & Fragrances (NYSE:IFFGet Rating) from a sell rating to a hold rating in a research report report published on Monday morning.

Several other equities analysts have also recently commented on IFF. The Goldman Sachs Group reduced their price target on shares of 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. Morgan Stanley reduced their price target on shares of 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. Barclays increased their price target on shares of International Flavors & Fragrances to $83.00 in a research report on Tuesday, November 15th. Societe Generale reduced their price target on shares of International Flavors & Fragrances from $170.00 to $145.00 and set a buy rating on the stock in a research report on Wednesday, November 9th. Finally, Mizuho cut their target price on shares of International Flavors & Fragrances from $145.00 to $116.00 and set a neutral rating on the stock in a report on Wednesday, November 9th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of Moderate Buy and a consensus price target of $123.69.

International Flavors & Fragrances Stock Up 0.4 %

Shares of International Flavors & Fragrances stock opened at $98.71 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.79 and a quick ratio of 0.93. International Flavors & Fragrances has a 1-year low of $83.14 and a 1-year high of $151.92. The business has a 50-day moving average of $95.35 and a 200-day moving average of $112.13. The company has a market capitalization of $25.17 billion, a PE ratio of -14.35, a P/E/G ratio of 3.61 and a beta of 1.05.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. National Pension Service increased its stake in shares of International Flavors & Fragrances by 5.5% during the third quarter. National Pension Service now owns 301,258 shares of the specialty chemicals company’s stock valued at $27,589,000 after acquiring an additional 15,749 shares during the period. Cape Cod Five Cents Savings Bank increased its stake in shares of International Flavors & Fragrances by 3.3% during the third quarter. Cape Cod Five Cents Savings Bank now owns 20,147 shares of the specialty chemicals company’s stock valued at $1,830,000 after acquiring an additional 644 shares during the period. Kentucky Retirement Systems Insurance Trust Fund increased its stake in shares of International Flavors & Fragrances by 4.9% during the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 9,136 shares of the specialty chemicals company’s stock valued at $830,000 after acquiring an additional 429 shares during the period. Kentucky Retirement Systems increased its stake in shares of International Flavors & Fragrances by 5.5% during the third quarter. Kentucky Retirement Systems now owns 19,957 shares of the specialty chemicals company’s stock valued at $1,813,000 after acquiring an additional 1,043 shares during the period. Finally, Balyasny Asset Management LLC acquired a new position in shares of International Flavors & Fragrances during the third quarter valued at approximately $4,141,000. Institutional investors and hedge funds 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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