International Flavors & Fragrances Inc (NYSE:IFF) has received an average recommendation of “Hold” from the thirteen ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $146.67.
IFF has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of International Flavors & Fragrances from a “sell” rating to a “buy” rating and set a $168.00 target price for the company in a research report on Thursday, November 9th. Berenberg Bank reissued a “buy” rating and set a $160.00 target price on shares of International Flavors & Fragrances in a research report on Friday, November 10th. Evercore ISI raised shares of International Flavors & Fragrances from an “in-line” rating to an “outperform” rating in a research report on Wednesday, January 17th. UBS Group reissued a “buy” rating and set a $166.00 target price (up previously from $151.00) on shares of International Flavors & Fragrances in a research report on Tuesday, November 7th. Finally, KeyCorp increased their target price on shares of International Flavors & Fragrances from $148.00 to $156.00 and gave the company an “overweight” rating in a research report on Monday, October 16th.
In other International Flavors & Fragrances news, EVP Anne Chwat sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $149.61, for a total transaction of $448,830.00. Following the transaction, the executive vice president now directly owns 39,157 shares in the company, valued at approximately $5,858,278.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.48% of the stock is currently owned by corporate insiders.
International Flavors & Fragrances (NYSE IFF) traded up $0.64 during trading hours on Tuesday, reaching $143.06. 401,488 shares of the company’s stock were exchanged, compared to its average volume of 375,620. The firm has a market cap of $11,088.39, a P/E ratio of 27.41, a PEG ratio of 2.56 and a beta of 1.11. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.66 and a quick ratio of 1.77. International Flavors & Fragrances has a twelve month low of $117.07 and a twelve month high of $157.40.
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International 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.
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