International Flavors & Fragrances (NYSE:IFF) Price Target Raised to $96.00

International Flavors & Fragrances (NYSE:IFF - Get Free Report) had its price target hoisted by research analysts at Citigroup from $90.00 to $96.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the specialty chemicals company's stock. Citigroup's price objective points to a potential upside of 22.82% from the company's current price.

Several other brokerages have also recently issued reports on IFF. Oppenheimer lifted their price objective on International Flavors & Fragrances from $88.00 to $90.00 and gave the company an "outperform" rating in a research note on Thursday. Wells Fargo & Company upped their target price on shares of International Flavors & Fragrances from $85.00 to $100.00 and gave the stock an "overweight" rating in a research note on Friday, February 13th. Berenberg Bank lifted their price target on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the stock a "hold" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of International Flavors & Fragrances from $75.00 to $95.00 and gave the company a "buy" rating in a research report on Tuesday, February 17th. Finally, Argus raised their price objective on shares of International Flavors & Fragrances from $70.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, January 22nd. Thirteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $89.69.

International Flavors & Fragrances Stock Down 5.7%

International Flavors & Fragrances stock traded down $4.76 during mid-day trading on Thursday, reaching $78.17. 3,184,963 shares of the company's stock were exchanged, compared to its average volume of 1,771,349. The company has a quick ratio of 0.85, a current ratio of 1.42 and a debt-to-equity ratio of 0.33. International Flavors & Fragrances has a twelve month low of $59.14 and a twelve month high of $84.45. The company has a market cap of $19.97 billion, a P/E ratio of 23.90, a P/E/G ratio of 1.91 and a beta of 0.93. The company has a fifty day moving average of $72.79 and a 200-day moving average of $70.28.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.17. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.64 billion. International Flavors & Fragrances had a return on equity of 7.63% and a net margin of 7.78%.The company's revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.20 earnings per share. Sell-side analysts expect that International Flavors & Fragrances will post 4.42 EPS for the current year.

Insiders Place Their Bets

In related news, Director Paul J. Fribourg acquired 142,000 shares of International Flavors & Fragrances stock in a transaction dated Thursday, March 12th. The stock was acquired at an average price of $70.13 per share, for a total transaction of $9,958,460.00. Following the transaction, the director owned 2,422,730 shares of the company's stock, valued at $169,906,054.90. This represents a 6.23% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.07% of the company's stock.

Institutional Investors Weigh In On International Flavors & Fragrances

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of International Flavors & Fragrances by 5.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,315 shares of the specialty chemicals company's stock worth $2,042,000 after purchasing an additional 1,335 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of International Flavors & Fragrances by 15.7% in the 1st quarter. Jones Financial Companies Lllp now owns 3,976 shares of the specialty chemicals company's stock valued at $309,000 after purchasing an additional 539 shares during the period. Empowered Funds LLC grew its stake in International Flavors & Fragrances by 71.5% during the 1st quarter. Empowered Funds LLC now owns 10,454 shares of the specialty chemicals company's stock worth $811,000 after buying an additional 4,358 shares during the last quarter. Focus Partners Wealth increased its position in International Flavors & Fragrances by 25.5% during the first quarter. Focus Partners Wealth now owns 7,527 shares of the specialty chemicals company's stock worth $584,000 after buying an additional 1,530 shares during the period. Finally, Geneos Wealth Management Inc. lifted its stake in International Flavors & Fragrances by 55.7% in the first quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company's stock valued at $46,000 after buying an additional 210 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

International Flavors & Fragrances News Roundup

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Jefferies raised its price target to $105 (from $97), implying ~34% upside — the largest analyst upgrade today and a clear bullish signal from a major shop. Jefferies Adjusts Price Target on International Flavors & Fragrances to $105
• Positive Sentiment: JPMorgan raised its target to $92 and moved to an "overweight" rating, reinforcing institutional confidence in IFF’s outlook. Benzinga: JPMorgan raises IFF price target
• Positive Sentiment: Oppenheimer boosted its target to $90 and kept an "outperform" stance, adding another bullish analyst opinion backing potential upside. Benzinga: Oppenheimer raises IFF price target TickerReport: Oppenheimer raises price target
• Positive Sentiment: Q1 results beat expectations: EPS $1.25 vs. $1.08 est., revenue topped estimates and margins improved on volume growth and productivity — evidence of operational leverage and cash-flow strength. Reuters: IFF beats quarterly sales and profit estimates
• Positive Sentiment: Product/innovation news: IFF’s LMR Naturals will showcase new natural ingredients at SIMPPAR, supporting growth in higher‑margin naturals and sustainability-focused demand. BusinessWire: LMR Naturals to Showcase Leadership at SIMPPAR
• Neutral Sentiment: Berenberg lifted its target modestly to $84.80 but kept a "hold" rating, signaling some upside is priced in but not enough to shift to buy. MarketScreener: Berenberg lifts price target
• Neutral Sentiment: Corporate governance: shareholders backed the board, pay and auditor at the recent meeting — removes a potential governance overhang. Globe and Mail: Shareholders back board/pay/auditor
• Negative Sentiment: Management struck a cautious tone on the earnings call — while margins improved, growth remains uneven and management’s guarded outlook may be tempering the rally and helping explain intraday weakness. TipRanks: IFF earnings call highlights

About International Flavors & Fragrances

International Flavors & Fragrances Inc NYSE: IFF is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF's research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.

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