Mizuho Has Lowered Expectations for International Flavors & Fragrances (NYSE:IFF) Stock Price

International Flavors & Fragrances ( NYSE:IFF – Get Free Report ) had its price target dropped by research analysts at Mizuho from $95.00 to $87.00 in a report released on Tuesday, Benzinga reports.

The firm presently has an “outperform” rating on the specialty chemicals company’s stock. Mizuho’s price target suggests a potential upside of 22.35% from the stock’s current price.



Several other research firms have also commented on IFF. Stifel Nicolaus lowered their price target on shares of International Flavors & Fragrances from $105.00 to $91.

00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Citigroup dropped their target price on International Flavors & Fragrances from $99.00 to $84.

00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Argus raised International Flavors & Fragrances from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Cfra cut shares of International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.

00 price objective on the stock. in a research note on Thursday, February 20th. Finally, Barclays cut their target price on shares of International Flavors & Fragrances from $82.

00 to $76.00 and set an “equal weight” rating for the company in a report on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company.

According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.69. Read Our Latest Stock Report on IFF International Flavors & Fragrances Stock Down 1.

9 % International Flavors & Fragrances ( NYSE:IFF – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.

83 by $0.14. The company had revenue of $2.

77 billion during the quarter, compared to analyst estimates of $2.67 billion. International Flavors & Fragrances had a net margin of 2.

12% and a return on equity of 7.72%. Equities analysts expect that International Flavors & Fragrances will post 4.

32 earnings per share for the current year. Insider Activity at International Flavors & Fragrances In other news, Director Kevin O’byrne bought 6,500 shares of International Flavors & Fragrances stock in a transaction on Wednesday, March 5th. The stock was acquired at an average price of $80.

44 per share, with a total value of $522,860.00. Following the completion of the acquisition, the director now directly owns 6,500 shares of the company’s stock, valued at $522,860.

The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . 0.

20% of the stock is currently owned by corporate insiders. Institutional Trading of International Flavors & Fragrances Several large investors have recently made changes to their positions in the company. SBI Securities Co.

Ltd. acquired a new stake in International Flavors & Fragrances during the 4th quarter worth $32,000. Fairway Wealth LLC acquired a new position in International Flavors & Fragrances during the fourth quarter worth about $34,000.

Rialto Wealth Management LLC purchased a new stake in International Flavors & Fragrances during the 4th quarter valued at about $42,000. Principal Securities Inc. lifted its stake in International Flavors & Fragrances by 36.

6% in the 4th quarter. Principal Securities Inc. now owns 638 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 171 shares in the last quarter.

Finally, Sugar Maple Asset Management LLC acquired a new position in shares of International Flavors & Fragrances during the 4th quarter worth approximately $78,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

About International Flavors & Fragrances ( Get Free Report ) 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.

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