International Flavors & Fragrances (NYSE:IFF) Upgraded at StockNews.com

StockNews.com upgraded shares of International Flavors & Fragrances (NYSE:IFFGet Rating) from a sell rating to a hold rating in a research note published on Monday morning.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company cut their price target on International Flavors & Fragrances from $107.00 to $105.00 and set an overweight rating on the stock in a report on Wednesday, November 9th. Stifel Nicolaus lowered their price objective on International Flavors & Fragrances from $153.00 to $130.00 in a research report on Thursday, October 13th. Deutsche Bank Aktiengesellschaft lowered their price objective on International Flavors & Fragrances from $115.00 to $110.00 in a research report on Friday, November 11th. Morgan Stanley lowered their price objective on International Flavors & Fragrances from $149.00 to $136.00 and set an overweight rating for the company in a research report on Monday, September 26th. Finally, Societe Generale lowered their price objective on International Flavors & Fragrances from $170.00 to $145.00 and set a buy rating for the company in a research report on Wednesday, November 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of $123.69.

International Flavors & Fragrances Price Performance

IFF stock opened at $100.91 on Monday. The business’s fifty day moving average price is $94.92 and its 200 day moving average price is $111.82. The company has a current ratio of 1.79, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61. International Flavors & Fragrances has a 12-month low of $83.14 and a 12-month high of $151.86. The company has a market capitalization of $25.73 billion, a PE ratio of -14.67, a P/E/G ratio of 3.66 and a beta of 1.05.

Institutional Trading of International Flavors & Fragrances

A number of hedge funds have recently added to or reduced their stakes in IFF. Riverview Trust Co grew its stake in shares of International Flavors & Fragrances by 64.1% in the 3rd quarter. Riverview Trust Co now owns 274 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Asset Dedication LLC purchased a new position in shares of International Flavors & Fragrances in the 3rd quarter valued at approximately $25,000. CI Investments Inc. grew its stake in shares of International Flavors & Fragrances by 1,003.2% in the 3rd quarter. CI Investments Inc. now owns 342 shares of the specialty chemicals company’s stock valued at $31,000 after purchasing an additional 311 shares during the last quarter. Covestor Ltd grew its stake in shares of International Flavors & Fragrances by 48.8% in the 1st quarter. Covestor Ltd now owns 244 shares of the specialty chemicals company’s stock valued at $32,000 after purchasing an additional 80 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of International Flavors & Fragrances by 209.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 322 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 218 shares during the last quarter. 89.74% of the stock is owned by institutional investors and hedge funds.

About International Flavors & Fragrances

(Get Rating)

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through Nourish, Scent, Health & Biosciences, and Pharma Solutions segments.

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

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