International Flavors & Fragrances Inc. (NYSE:IFF) Given Average Rating of “Moderate Buy” by Brokerages

Shares of International Flavors & Fragrances Inc. (NYSE:IFF) have received a consensus recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $103.50.

A number of equities research analysts have recently weighed in on the company. Barclays cut their price target on International Flavors & Fragrances from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Morgan Stanley raised International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and cut their price target for the stock from $111.00 to $110.00 in a research note on Tuesday, November 12th. UBS Group raised their price target on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Argus raised International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus cut their price target on International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, February 3rd.

International Flavors & Fragrances Stock Down 1.2 %

Shares of International Flavors & Fragrances stock opened at $80.81 on Tuesday. The stock has a 50-day moving average price of $84.08 and a 200 day moving average price of $92.75. The company has a market cap of $20.66 billion, a P/E ratio of 85.97, a P/E/G ratio of 1.45 and a beta of 1.19. The company has a current ratio of 1.84, a quick ratio of 1.93 and a debt-to-equity ratio of 0.54. International Flavors & Fragrances has a 1 year low of $75.56 and a 1 year high of $106.77.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.14. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.67 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. As a group, analysts expect that International Flavors & Fragrances will post 4.32 EPS for the current fiscal year.

Institutional Trading of International Flavors & Fragrances

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in International Flavors & Fragrances in the 4th quarter valued at approximately $11,819,000. Jefferies Financial Group Inc. grew its holdings in International Flavors & Fragrances by 378.0% in the 4th quarter. Jefferies Financial Group Inc. now owns 13,800 shares of the specialty chemicals company’s stock valued at $1,167,000 after buying an additional 10,913 shares during the last quarter. Mackenzie Financial Corp grew its holdings in International Flavors & Fragrances by 7.6% in the 4th quarter. Mackenzie Financial Corp now owns 22,840 shares of the specialty chemicals company’s stock valued at $1,931,000 after buying an additional 1,621 shares during the last quarter. Forum Financial Management LP grew its holdings in International Flavors & Fragrances by 58.8% in the 4th quarter. Forum Financial Management LP now owns 3,907 shares of the specialty chemicals company’s stock valued at $330,000 after buying an additional 1,446 shares during the last quarter. Finally, Castlekeep Investment Advisors LLC acquired a new stake in International Flavors & Fragrances in the 4th quarter valued at approximately $415,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

About International Flavors & Fragrances

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: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.