MANE (NYSE:MANE) Coverage Initiated at Citigroup

Analysts at Citigroup began coverage on shares of MANE (NYSE:MANE) in a research report issued on Monday, Marketbeat reports. The brokerage set a “buy” rating and a $85.00 price target on the stock. Citigroup’s price objective points to a potential upside of 86.08% from the stock’s previous close.

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

MANE Stock Performance

Shares of NYSE MANE opened at $45.68 on Monday. MANE has a fifty-two week low of $32.00 and a fifty-two week high of $51.56.

MANE Company Profile

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.