tiprankstipranks
Blurbs

International Flavors & Fragrances (IFF) Receives a Hold from Mizuho Securities

Mizuho Securities analyst Chris Parkinson maintained a Hold rating on International Flavors & Fragrances (IFFResearch Report) on May 9 and set a price target of $147.00. The company’s shares closed last Tuesday at $125.50.

According to TipRanks.com, Parkinson is a 5-star analyst with an average return of 8.9% and a 59.8% success rate. Parkinson covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for International Flavors & Fragrances with a $149.25 average price target.

See the top stocks recommended by analysts >>

Based on International Flavors & Fragrances’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.03 billion and net profit of $88 million. In comparison, last year the company earned revenue of $1.27 billion and had a net profit of $69 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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: Taste, Scent, and Frutarom. The Taste segment is sold to the food and beverage industries for use in consumer products such as prepared foods, beverages, dairy, food, and sweet products. The Scent segment comprises of fragrance compounds, fragrance ingredients, and cosmetic active ingredients. The Frutarom segment creates and manufactures a naturals-focused suite of flavor compounds, functional foods and specialty fine ingredients, largely targeting small, local and regional customers. The company was founded in 1833 and is headquartered in New York, NY.

Read More on IFF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More