MANE (NYSE:MANE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

MANE (NYSE:MANE) has received a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $78.3333.

MANE has been the subject of several research analyst reports. Jefferies Financial Group initiated coverage on MANE in a research note on Monday, March 2nd. They set a “buy” rating and a $75.00 target price for the company. Wall Street Zen upgraded shares of MANE to a “hold” rating in a research note on Sunday, February 15th. Leerink Partners assumed coverage on shares of MANE in a report on Monday, March 2nd. They set an “outperform” rating and a $75.00 price target on the stock. Citigroup initiated coverage on shares of MANE in a research report on Monday, March 2nd. They set a “buy” rating and a $85.00 price objective for the company. Finally, Cantor Fitzgerald assumed coverage on shares of MANE in a research report on Monday, March 2nd. They issued an “overweight” rating on the stock.

MANE Stock Performance

Shares of MANE stock opened at $65.58 on Monday. MANE has a twelve month low of $32.00 and a twelve month high of $69.41.

About MANE

MANE is a global manufacturer and supplier of flavors, fragrances and ingredients for the food, beverage, personal care, household and fine fragrance markets. Headquartered in France, the company develops and produces aromatic solutions that are used by consumer goods companies, food processors, perfumers and formulators seeking sensory impact, taste modulation and olfactory character for their products.

The company’s product portfolio includes savory and sweet flavor systems, beverage concentrates, natural extracts, essential oils, fragrance compounds, cosmetic ingredients and specialty functional solutions such as taste enhancers and odor masking agents.