Analysts Offer Insights on Consumer Goods Companies: International Flavors & Fragrances (IFF) and Reynolds Consumer Products (REYN)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on International Flavors & Fragrances (IFF – Research Report) and Reynolds Consumer Products (REYN – Research Report) with bullish sentiments.

International Flavors & Fragrances (IFF)

J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on International Flavors & Fragrances yesterday and set a price target of $140.00. The company’s shares closed last Wednesday at $123.05.

According to TipRanks.com, Zekauskas is a 5-star analyst with an average return of 7.1% and a 61.7% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Air Products and Chemicals, and Scotts Miracle-Gro Company.

Currently, the analyst consensus on International Flavors & Fragrances is a Moderate Buy with an average price target of $136.64, representing a 12.5% upside. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $140.00 price target.

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Reynolds Consumer Products (REYN)

J.P. Morgan analyst Andrea Faria Teixeira maintained a Buy rating on Reynolds Consumer Products yesterday and set a price target of $30.00. The company’s shares closed last Wednesday at $28.57.

According to TipRanks.com, Teixeira is a 1-star analyst with an average return of -2.0% and a 52.6% success rate. Teixeira covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Duckhorn Portfolio.

Currently, the analyst consensus on Reynolds Consumer Products is a Moderate Buy with an average price target of $29.50, representing a 4.6% upside. In a report issued on August 4, RBC Capital also maintained a Buy rating on the stock with a $33.00 price target.

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