International Flavors & Fragrances (NYSE:IFF) Upgraded at StockNews.com

StockNews.com upgraded shares of International Flavors & Fragrances (NYSE:IFFGet Rating) from a sell rating to a hold rating in a research report sent to investors on Monday morning.

Several other equities analysts have also commented on the company. Societe Generale cut their price target on International Flavors & Fragrances from $170.00 to $145.00 and set a buy rating on the stock in a research note on Wednesday, November 9th. Robert W. Baird cut their price target on International Flavors & Fragrances from $140.00 to $120.00 and set an outperform rating on the stock in a research note on Wednesday, November 9th. JPMorgan Chase & Co. lowered International Flavors & Fragrances from an overweight rating to a neutral rating and cut their price target for the company from $125.00 to $96.00 in a research note on Wednesday, November 9th. Stifel Nicolaus cut their price target on International Flavors & Fragrances from $153.00 to $130.00 in a research note on Thursday, October 13th. Finally, Bank of America cut their price target on International Flavors & Fragrances from $155.00 to $136.00 in a research note on Tuesday, October 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, International Flavors & Fragrances presently has a consensus rating of Moderate Buy and an average price target of $123.69.

International Flavors & Fragrances Stock Performance

IFF stock opened at $100.91 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.79 and a debt-to-equity ratio of 0.61. The business’s fifty day simple moving average is $94.92 and its two-hundred day simple moving average is $111.82. International Flavors & Fragrances has a twelve month low of $83.14 and a twelve month high of $151.86. The firm has a market cap of $25.73 billion, a price-to-earnings ratio of -14.67, a PEG ratio of 3.66 and a beta of 1.05.

Institutional Investors Weigh In On International Flavors & Fragrances

Institutional investors have recently added to or reduced their stakes in the business. Covestor Ltd boosted its holdings in International Flavors & Fragrances by 48.8% in the first quarter. Covestor Ltd now owns 244 shares of the specialty chemicals company’s stock worth $32,000 after acquiring an additional 80 shares in the last quarter. Riverview Trust Co lifted its holdings in shares of International Flavors & Fragrances by 64.1% during the third quarter. Riverview Trust Co now owns 274 shares of the specialty chemicals company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Asset Dedication LLC acquired a new stake in shares of International Flavors & Fragrances during the third quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its holdings in shares of International Flavors & Fragrances by 209.6% during the second quarter. EverSource Wealth Advisors LLC now owns 322 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 218 shares during the period. Finally, CI Investments Inc. lifted its holdings in shares of International Flavors & Fragrances by 1,003.2% during the third quarter. CI Investments Inc. now owns 342 shares of the specialty chemicals company’s stock worth $31,000 after purchasing an additional 311 shares during the period. Institutional investors and hedge funds own 89.74% of the company’s stock.

International Flavors & Fragrances Company Profile

(Get Rating)

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through Nourish, Scent, Health & Biosciences, and Pharma Solutions segments.

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Analyst Recommendations for International Flavors & Fragrances (NYSE:IFF)

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