Stifel Nicolaus Increases International Flavors & Fragrances (NYSE:IFF) Price Target to $95.00

International Flavors & Fragrances (NYSE:IFF - Get Free Report) had its price target upped by stock analysts at Stifel Nicolaus from $87.00 to $95.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a "hold" rating on the specialty chemicals company's stock. Stifel Nicolaus' price objective would indicate a potential upside of 0.62% from the company's current price.

Several other brokerages have also commented on IFF. Morgan Stanley raised their price target on shares of International Flavors & Fragrances from $89.00 to $96.00 and gave the company an "overweight" rating in a research note on Wednesday, March 27th. StockNews.com raised International Flavors & Fragrances from a "sell" rating to a "hold" rating in a report on Monday, March 25th. UBS Group upped their price objective on shares of International Flavors & Fragrances from $78.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, January 11th. Mizuho raised their target price on shares of International Flavors & Fragrances from $91.00 to $98.00 and gave the company a "neutral" rating in a research note on Tuesday. Finally, Jefferies Financial Group raised shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating and upped their price target for the stock from $73.00 to $112.00 in a research note on Friday, January 12th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $87.65.

International Flavors & Fragrances Stock Performance

NYSE IFF traded up $5.75 on Tuesday, hitting $94.41. 4,635,216 shares of the company's stock were exchanged, compared to its average volume of 2,123,766. The firm has a market cap of $24.10 billion, a price-to-earnings ratio of -9.40, a P/E/G ratio of 1.94 and a beta of 1.21. The firm's 50-day moving average price is $83.24 and its two-hundred day moving average price is $79.30. International Flavors & Fragrances has a fifty-two week low of $62.11 and a fifty-two week high of $97.49. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.67 and a quick ratio of 1.02.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its quarterly earnings data on Monday, May 6th. The specialty chemicals company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.27. International Flavors & Fragrances had a positive return on equity of 5.09% and a negative net margin of 22.36%. The firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.78 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. International Flavors & Fragrances's quarterly revenue was down 4.2% on a year-over-year basis. On average, research analysts expect that International Flavors & Fragrances will post 3.68 EPS for the current year.

Institutional Trading of International Flavors & Fragrances

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sei Investments Co. raised its holdings in shares of International Flavors & Fragrances by 55.4% during the first quarter. Sei Investments Co. now owns 101,015 shares of the specialty chemicals company's stock valued at $8,686,000 after acquiring an additional 36,026 shares during the period. Tectonic Advisors LLC raised its stake in International Flavors & Fragrances by 23.1% during the 1st quarter. Tectonic Advisors LLC now owns 11,104 shares of the specialty chemicals company's stock valued at $955,000 after purchasing an additional 2,084 shares during the period. SG Americas Securities LLC lifted its holdings in shares of International Flavors & Fragrances by 98.6% in the first quarter. SG Americas Securities LLC now owns 34,016 shares of the specialty chemicals company's stock valued at $2,925,000 after purchasing an additional 16,888 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of International Flavors & Fragrances by 29.0% during the first quarter. Empowered Funds LLC now owns 3,453 shares of the specialty chemicals company's stock valued at $297,000 after buying an additional 776 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in International Flavors & Fragrances during the first quarter valued at $1,115,000. Institutional investors and hedge funds own 96.02% of the company's stock.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.