Wells Fargo analyst Michael Sison maintained a Buy rating on International Flavors & Fragrances (IFF – Research Report) yesterday and set a price target of $100.00. The company’s shares closed yesterday at $86.20.
According to TipRanks, Sison is a 5-star analyst with an average return of 9.3% and a 59.92% success rate. Sison covers the Basic Materials sector, focusing on stocks such as Albemarle, Ashland, and Celanese.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for International Flavors & Fragrances with a $91.36 average price target, representing a 5.99% upside. In a report released yesterday, Citi also upgraded the stock to a Buy with a $100.00 price target.
IFF market cap is currently $21.73B and has a P/E ratio of -8.59.
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International Flavors & Fragrances (IFF) Company Description:
International Flavors & Fragrances, Inc. engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Taste, Scent, and Frutarom. The Taste segment is sold to the food and beverage industries for use in consumer products such as prepared foods, beverages, dairy, food, and sweet products. The Scent segment comprises of fragrance compounds, fragrance ingredients, and cosmetic active ingredients. The Frutarom segment creates and manufactures a naturals-focused suite of flavor compounds, functional foods and specialty fine ingredients, largely targeting small, local and regional customers. The company was founded in 1833 and is headquartered in New York, NY.
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