Shares of International Flavors & Fragrances Inc. (NYSE:IFF) have been assigned a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the firm. Four analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $144.93.

IFF has been the subject of a number of analyst reports. Zacks Investment Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $159.00 price target for the company in a research note on Tuesday, October 4th. Berenberg Bank restated a “buy” rating and issued a $163.40 target price on shares of International Flavors & Fragrances in a research note on Monday, September 26th. Deutsche Bank AG restated a “hold” rating and issued a $137.00 target price on shares of International Flavors & Fragrances in a research note on Thursday, October 13th. JPMorgan Chase & Co. restated a “buy” rating and issued a $153.00 target price on shares of International Flavors & Fragrances in a research note on Sunday, August 14th. Finally, Stifel Nicolaus cut their target price on International Flavors & Fragrances from $140.00 to $121.00 and set a “hold” rating on the stock in a research note on Tuesday, November 8th.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of International Flavors & Fragrances by 2.2% in the second quarter. Vanguard Group Inc. now owns 7,823,399 shares of the company’s stock worth $986,297,000 after buying an additional 166,270 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of International Flavors & Fragrances by 2.0% in the second quarter. Capital Research Global Investors now owns 6,459,067 shares of the company’s stock worth $814,295,000 after buying an additional 124,369 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of International Flavors & Fragrances by 1.0% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,089,484 shares of the company’s stock worth $298,734,000 after buying an additional 21,032 shares during the last quarter. BlackRock Fund Advisors boosted its stake in shares of International Flavors & Fragrances by 3.4% in the third quarter. BlackRock Fund Advisors now owns 1,428,488 shares of the company’s stock worth $204,231,000 after buying an additional 47,407 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of International Flavors & Fragrances by 61.5% in the second quarter. Royal Bank of Canada now owns 1,247,796 shares of the company’s stock worth $157,310,000 after buying an additional 475,064 shares during the last quarter. 80.48% of the stock is currently owned by institutional investors.

Shares of International Flavors & Fragrances (NYSE:IFF) opened at 120.83 on Monday. International Flavors & Fragrances has a 12 month low of $97.24 and a 12 month high of $143.64. The company’s 50-day moving average price is $131.22 and its 200-day moving average price is $131.28. The firm has a market cap of $9.60 billion, a P/E ratio of 24.04 and a beta of 1.15.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings results on Monday, November 7th. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by $0.08. The company had revenue of $777 million for the quarter, compared to analyst estimates of $785.05 million. International Flavors & Fragrances had a net margin of 12.92% and a return on equity of 25.92%. International Flavors & Fragrances’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. On average, analysts predict that International Flavors & Fragrances will post $5.44 EPS for the current year.

About International Flavors & Fragrances

International Flavors & Fragrances Inc (IFF) creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The Company operates in two segments: Flavors and Fragrances.

5 Day Chart for NYSE:IFF

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