Internationa Flavors & Fragrances, Inc. (IFF) Given Consensus Rating of “Hold” by Analysts

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) has earned an average recommendation of “Hold” from the fifteen analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $143.70.

A number of analysts recently issued reports on IFF shares. Berenberg Bank reissued a “buy” rating and set a $160.00 target price on shares of Internationa Flavors & Fragrances in a research note on Friday, November 10th. Zacks Investment Research raised Internationa Flavors & Fragrances from a “sell” rating to a “buy” rating and set a $168.00 target price for the company in a research note on Thursday, November 9th. UBS reissued a “buy” rating and set a $166.00 target price (up from $151.00) on shares of Internationa Flavors & Fragrances in a research note on Tuesday, November 7th. KeyCorp reissued a “buy” rating and set a $148.00 target price on shares of Internationa Flavors & Fragrances in a research note on Wednesday, October 4th. Finally, Deutsche Bank reissued a “hold” rating and set a $139.00 target price (up from $135.00) on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 10th.

In related news, insider Nicolas Mirzayantz sold 1,232 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $143.56, for a total value of $176,865.92. Following the completion of the transaction, the insider now directly owns 43,809 shares of the company’s stock, valued at $6,289,220.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Winder Investment Pte Ltd bought 2,700 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The stock was purchased at an average cost of $137.41 per share, with a total value of $371,007.00. Following the completion of the purchase, the insider now directly owns 10,388,121 shares of the company’s stock, valued at approximately $1,427,431,706.61. The disclosure for this purchase can be found here. Insiders have bought a total of 34,772 shares of company stock valued at $4,827,183 over the last ninety days. Company insiders own 0.48% of the company’s stock.

Several large investors have recently added to or reduced their stakes in IFF. Winder Investment Pte Ltd grew its stake in shares of Internationa Flavors & Fragrances by 12.6% in the third quarter. Winder Investment Pte Ltd now owns 10,420,193 shares of the specialty chemicals company’s stock valued at $1,489,150,000 after buying an additional 1,169,400 shares in the last quarter. Swedbank bought a new position in shares of Internationa Flavors & Fragrances in the third quarter valued at $100,924,000. Vanguard Group Inc. grew its stake in shares of Internationa Flavors & Fragrances by 8.2% in the second quarter. Vanguard Group Inc. now owns 8,765,573 shares of the specialty chemicals company’s stock valued at $1,183,352,000 after buying an additional 666,120 shares in the last quarter. Capital International Investors lifted its holdings in Internationa Flavors & Fragrances by 22.3% during the 3rd quarter. Capital International Investors now owns 1,259,300 shares of the specialty chemicals company’s stock valued at $179,967,000 after purchasing an additional 229,300 shares during the last quarter. Finally, Korea Investment CORP lifted its holdings in Internationa Flavors & Fragrances by 409.1% during the 2nd quarter. Korea Investment CORP now owns 176,667 shares of the specialty chemicals company’s stock valued at $23,850,000 after purchasing an additional 141,967 shares during the last quarter. 83.02% of the stock is owned by institutional investors and hedge funds.

Shares of Internationa Flavors & Fragrances (NYSE:IFF) traded up $0.88 during trading hours on Thursday, hitting $155.44. 542,222 shares of the company were exchanged, compared to its average volume of 460,887. The firm has a market cap of $12,350.00, a P/E ratio of 27.05, a price-to-earnings-growth ratio of 3.07 and a beta of 1.18. The company has a quick ratio of 1.77, a current ratio of 2.66 and a debt-to-equity ratio of 0.92. Internationa Flavors & Fragrances has a 1-year low of $113.16 and a 1-year high of $156.64.

Internationa Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings results on Monday, November 6th. The specialty chemicals company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.05. Internationa Flavors & Fragrances had a net margin of 12.57% and a return on equity of 27.13%. The business had revenue of $872.90 million for the quarter, compared to the consensus estimate of $847.63 million. During the same period last year, the company posted $1.34 EPS. Internationa Flavors & Fragrances’s revenue for the quarter was up 12.3% on a year-over-year basis. equities analysts anticipate that Internationa Flavors & Fragrances will post 5.79 earnings per share for the current year.

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Internationa Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

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

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