Leerink Partners Begins Coverage on MANE (NYSE:MANE)

Investment analysts at Leerink Partners initiated coverage on shares of MANE (NYSE:MANE) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The firm set an “outperform” rating and a $75.00 price target on the stock. Leerink Partners’ target price would indicate a potential upside of 64.19% from the company’s current price.

Several other equities research analysts have also recently weighed in on the stock. Wall Street Zen upgraded shares of MANE to a “hold” rating in a research report on Sunday, February 15th. Jefferies Financial Group started coverage on shares of MANE in a research note on Monday. They issued a “buy” rating and a $75.00 price objective for the company. Finally, Cantor Fitzgerald began coverage on shares of MANE in a research report on Monday. They set an “overweight” rating on the stock. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $78.33.

MANE Stock Performance

NYSE MANE opened at $45.68 on Monday. MANE has a 1-year low of $32.00 and a 1-year high of $51.56.

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.