JPMorgan Chase & Co. Boosts International Flavors & Fragrances (NYSE:IFF) Price Target to $92.00

Key Points

• JPMorgan Chase raised its price target on International Flavors & Fragrances to $92 and kept an "overweight" rating, implying roughly a 17.9% upside from recent levels.
• Several firms have lifted targets (e.g., Deutsche Bank to $95, Jefferies to $105), leaving a MarketBeat consensus of Moderate Buy with an average target of $89.34 and analyst tallies of 13 Buy, 4 Hold, 1 Sell.
• IFF beat Q1 estimates (EPS $1.25 vs. $1.08; revenue $2.74B vs. $2.64B) despite revenue being down ~3.6% YoY, and Director Paul J. Fribourg purchased 142,000 shares (~$9.96M), signaling insider confidence.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) had its target price lifted by equities research analysts at JPMorgan Chase & Co. from $90.00 to $92.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an "overweight" rating on the specialty chemicals company's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 17.89% from the company's current price.

Several other equities analysts have also commented on IFF. Berenberg Bank increased their price objective on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the company a "hold" rating in a research report on Thursday. Mizuho raised their price target on shares of International Flavors & Fragrances from $75.00 to $85.00 and gave the stock an "outperform" rating in a research note on Thursday, February 12th. Rothschild & Co Redburn raised their price target on shares of International Flavors & Fragrances from $66.00 to $74.00 and gave the stock a "neutral" rating in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of International Flavors & Fragrances from $75.00 to $95.00 and gave the stock a "buy" rating in a research note on Tuesday, February 17th. Finally, Oppenheimer raised their price target on shares of International Flavors & Fragrances from $88.00 to $90.00 and gave the stock an "outperform" rating in a research note on Thursday. Thirteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, International Flavors & Fragrances presently has a consensus rating of "Moderate Buy" and an average target price of $89.34.

International Flavors & Fragrances Price Performance

IFF traded down $4.89 during trading on Thursday, hitting $78.04. 1,742,279 shares of the company traded hands, compared to its average volume of 1,753,525. International Flavors & Fragrances has a 1 year low of $59.14 and a 1 year high of $84.45. The company has a current ratio of 1.42, a quick ratio of 0.85 and a debt-to-equity ratio of 0.33. The stock's 50-day simple moving average is $72.79 and its two-hundred day simple moving average is $70.28. The company has a market cap of $19.93 billion, a PE ratio of 23.96, a P/E/G ratio of 1.91 and a beta of 0.93.

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

Insider Buying and Selling at International Flavors & Fragrances

In other International Flavors & Fragrances news, Director Paul J. Fribourg purchased 142,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was purchased at an average price of $70.13 per share, with a total value of $9,958,460.00. Following the transaction, the director owned 2,422,730 shares of the company's stock, valued at approximately $169,906,054.90. This trade represents a 6.23% increase in their ownership of the stock. The acquisition was disclosed in a document filed 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

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

International Flavors & Fragrances News Summary

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

• Positive Sentiment: Analyst support lifted — Oppenheimer raised its price target to $90 and gave an "outperform" rating, signaling upside vs. current levels. Benzinga: Oppenheimer raises IFF target
• Positive Sentiment: Big lift from Jefferies — price target raised to $105 (largest upside among recent actions), which reinforces bullish analyst conviction on IFF's margin and cash‑flow improvements. MarketScreener: Jefferies raises IFF target to $105
• Positive Sentiment: Berenberg nudged its target higher to $84.80 (hold), showing broader analyst upgrades across the board. MarketScreener: Berenberg lifts target
• Neutral Sentiment: Q1 results beat consensus — EPS and revenue topped estimates, and management highlighted volume growth and productivity gains that improved margins. (Details from the earnings release / coverage.) Reuters: IFF beats quarterly sales and profit estimates
• Neutral Sentiment: Corporate governance: shareholders re‑approved the board, pay and auditor — reduces proxy / governance risk. Globe and Mail: Shareholders back board
• Neutral Sentiment: Product / R&D news: IFF’s LMR Naturals will showcase new natural ingredient innovations at SIMPPAR — positive for long‑term organic growth in perfumery/flavors. BusinessWire: LMR Naturals to showcase at SIMPPAR
• Negative Sentiment: Topline weakness and cautious tone weighed on sentiment — revenue was down ~3.6% YoY and management’s commentary / call was viewed as cautious with guidance effectively in‑line rather than upgraded, which can spark profit‑taking. TipRanks: Earnings call highlights margin gains, cautious outlook

International Flavors & Fragrances Company Profile

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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