International Flavors & Fragrances (NYSE:IFF – Get Free Report) had its price target boosted by equities research analysts at Oppenheimer from $88.00 to $90.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the specialty chemicals company’s stock. Oppenheimer’s price target indicates a potential upside of 11.05% from the company’s previous close.
Several other equities analysts have also recently issued reports on IFF. Berenberg Bank lowered their price objective on shares of International Flavors & Fragrances from $78.30 to $77.50 and set a “hold” rating on the stock in a research note on Thursday, February 5th. UBS Group reduced their target price on International Flavors & Fragrances from $85.00 to $75.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Citigroup lowered their price target on International Flavors & Fragrances from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Bank of America boosted their price objective on shares of International Flavors & Fragrances from $84.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Argus lifted their target price on shares of International Flavors & Fragrances from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.99.
Read Our Latest Stock Report on IFF
International Flavors & Fragrances Price Performance
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The specialty chemicals company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.17. International Flavors & Fragrances had a return on equity of 7.65% and a net margin of 7.78%.The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the company earned $1.20 earnings per share. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. Analysts forecast that International Flavors & Fragrances will post 4.44 EPS for the current year.
Insider Activity
In related news, Director Paul J. Fribourg purchased 142,000 shares of the stock in a transaction on Thursday, March 12th. The shares were purchased at an average cost of $70.13 per share, for a total transaction of $9,958,460.00. Following the completion of the transaction, the director directly owned 2,422,730 shares of the company’s stock, valued at approximately $169,906,054.90. The trade was a 6.23% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.07% of the company’s stock.
Institutional Trading of International Flavors & Fragrances
Several hedge funds have recently modified their holdings of the stock. DNB Asset Management AS boosted its stake in shares of International Flavors & Fragrances by 0.3% in the 4th quarter. DNB Asset Management AS now owns 53,741 shares of the specialty chemicals company’s stock valued at $3,622,000 after purchasing an additional 139 shares during the last quarter. MML Investors Services LLC raised its position in shares of International Flavors & Fragrances by 0.8% during the 4th quarter. MML Investors Services LLC now owns 17,249 shares of the specialty chemicals company’s stock valued at $1,162,000 after acquiring an additional 140 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in shares of International Flavors & Fragrances by 0.7% in the 3rd quarter. Rafferty Asset Management LLC now owns 21,837 shares of the specialty chemicals company’s stock valued at $1,344,000 after purchasing an additional 158 shares during the period. Clearstead Advisors LLC boosted its position in shares of International Flavors & Fragrances by 6.1% in the 3rd quarter. Clearstead Advisors LLC now owns 3,021 shares of the specialty chemicals company’s stock worth $186,000 after purchasing an additional 173 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC boosted its position in shares of International Flavors & Fragrances by 0.9% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 23,129 shares of the specialty chemicals company’s stock worth $1,423,000 after purchasing an additional 199 shares during the last quarter. 96.02% of the stock is owned by institutional investors.
Key Stories Impacting International Flavors & Fragrances
Here are the key news stories impacting International Flavors & Fragrances this week:
- Positive Sentiment: BNP Paribas Exane raised its price target to $95 from $85, implying meaningful upside from current levels. MarketScreener
- Positive Sentiment: Barclays upgraded its view to overweight and lifted its target to $90 from $80, reinforcing the bullish analyst trend. MarketScreener
- Positive Sentiment: UBS, Citi, JPMorgan, Oppenheimer, Jefferies, and Berenberg all raised targets as well, adding to the sense that Wall Street expects better fundamentals and valuation recovery for IFF. MarketScreener
- Neutral Sentiment: IFF reiterated its 2026 targets despite a Middle East-related hit in Q2, suggesting management is confident in the full-year outlook even with some regional pressure. MSN
- Neutral Sentiment: Shareholders backed the board, executive pay, and auditor, reducing governance uncertainty but not changing the core operating story. The Globe and Mail
- Neutral Sentiment: Recent commentary also highlighted margin gains, volume growth, and productivity improvements, which support the stock but are largely consistent with the company’s existing recovery narrative. TipRanks
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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