International Flavors & Fragrances (NYSE:IFF) PT Raised to $98.00

International Flavors & Fragrances (NYSE:IFF) had its target price upped by Mizuho from $91.00 to $98.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the specialty chemicals company’s stock. Mizuho’s target price points to a potential upside of 0.79% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Jefferies Financial Group upgraded shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and increased their price target for the stock from $73.00 to $112.00 in a research note on Friday, January 12th. UBS Group upped their price target on International Flavors & Fragrances from $78.00 to $82.00 and gave the stock a “neutral” rating in a research note on Thursday, January 11th. StockNews.com upgraded International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Monday, March 25th. Morgan Stanley raised their price target on International Flavors & Fragrances from $89.00 to $96.00 and gave the company an “overweight” rating in a report on Wednesday, March 27th. Finally, Wells Fargo & Company upped their price target on shares of International Flavors & Fragrances from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, International Flavors & Fragrances currently has an average rating of “Hold” and an average target price of $93.18.

International Flavors & Fragrances Trading Up 3.1 %

Shares of IFF opened at $97.23 on Tuesday. International Flavors & Fragrances has a 1-year low of $62.11 and a 1-year high of $97.35. The company has a current ratio of 1.67, a quick ratio of 1.02 and a debt-to-equity ratio of 0.63. The firm’s 50-day moving average price is $83.72 and its 200-day moving average price is $79.43. The firm has a market capitalization of $24.82 billion, a price-to-earnings ratio of -9.68, a PEG ratio of 1.94 and a beta of 1.21.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Monday, May 6th. The specialty chemicals company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.27. International Flavors & Fragrances had a positive return on equity of 5.09% and a negative net margin of 22.36%. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.78 billion. During the same quarter in the prior year, the business earned $0.87 EPS. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. Sell-side analysts anticipate that International Flavors & Fragrances will post 3.68 EPS for the current year.

Institutional Trading of International Flavors & Fragrances

Several large investors have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC grew its stake in shares of International Flavors & Fragrances by 3,000.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 310 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 300 shares during the period. Riverview Trust Co purchased a new position in shares of International Flavors & Fragrances in the first quarter worth approximately $27,000. Quent Capital LLC increased its holdings in International Flavors & Fragrances by 183.2% during the first quarter. Quent Capital LLC now owns 371 shares of the specialty chemicals company’s stock valued at $32,000 after buying an additional 240 shares during the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in International Flavors & Fragrances in the fourth quarter worth approximately $41,000. Finally, Fidelis Capital Partners LLC bought a new stake in shares of International Flavors & Fragrances during the 1st quarter valued at $44,000. Institutional investors own 96.02% of the company’s stock.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.