International Flavors & Fragrances (NYSE:IFF) Given New $95.00 Price Target at Deutsche Bank Aktiengesellschaft

International Flavors & Fragrances (NYSE:IFF) had its target price boosted by Deutsche Bank Aktiengesellschaft from $75.00 to $95.00 in a report published on Tuesday morning,MarketScreener reports. They currently have a buy rating on the specialty chemicals company’s stock.

Several other research firms have also issued reports on IFF. Mizuho lifted their price target on shares of International Flavors & Fragrances from $75.00 to $85.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Bank of America increased their price objective on International Flavors & Fragrances from $84.00 to $88.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Argus boosted their target price on International Flavors & Fragrances from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. UBS Group increased their price target on International Flavors & Fragrances from $71.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Finally, Barclays boosted their price target on International Flavors & Fragrances from $78.00 to $91.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Fourteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.09.

International Flavors & Fragrances Price Performance

IFF opened at $82.76 on Tuesday. The firm has a market capitalization of $21.19 billion, a PE ratio of -60.41, a price-to-earnings-growth ratio of 3.14 and a beta of 1.05. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.42 and a quick ratio of 0.85. The business’s 50-day moving average is $70.39 and its two-hundred day moving average is $66.77. International Flavors & Fragrances has a 1 year low of $59.14 and a 1 year high of $86.45.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings results on Wednesday, February 11th. The specialty chemicals company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.05). International Flavors & Fragrances had a negative net margin of 3.20% and a positive return on equity of 7.67%. The firm had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the previous year, the company posted $0.97 earnings per share. The business’s quarterly revenue was down 6.6% compared to the same quarter last year. Research analysts anticipate that International Flavors & Fragrances will post 4.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Guggenheim Capital LLC boosted its holdings in International Flavors & Fragrances by 29.6% in the fourth quarter. Guggenheim Capital LLC now owns 12,562 shares of the specialty chemicals company’s stock valued at $847,000 after purchasing an additional 2,866 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of International Flavors & Fragrances by 43.5% in the 4th quarter. AQR Capital Management LLC now owns 2,454,839 shares of the specialty chemicals company’s stock valued at $165,432,000 after buying an additional 743,685 shares during the period. EFG International AG purchased a new stake in shares of International Flavors & Fragrances in the fourth quarter worth about $73,000. Cetera Investment Advisers grew its holdings in International Flavors & Fragrances by 37.5% during the fourth quarter. Cetera Investment Advisers now owns 35,807 shares of the specialty chemicals company’s stock worth $2,413,000 after acquiring an additional 9,763 shares during the period. Finally, Jain Global LLC purchased a new position in International Flavors & Fragrances during the fourth quarter valued at approximately $1,238,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.