Sanford C. Bernstein announced International Flavors & Fragrances Inc (NYSE:IFF), bumping up its stock price target to $160.00 today
- Updated: September 19, 2016
International Flavors & Fragrances Inc (NYSE:IFF) had its estimated target price bumped up to $160 by Sanford C. Bernstein in an issued report announced Monday September 19 2016. The new target price indicates a possible upside of 0.16% from the company’s last stock close price.
Previously on 8/16/2016, Argus reported about International Flavors & Fragrances Inc(NYSE:IFF) raised the target price from $146.00 to $156.00 that suggested an upside of 0.16%.
Yesterday International Flavors & Fragrances Inc (NYSE:IFF) traded 1.43% higher at $137.79. International Flavors & Fragrances Inc’s 50-day average is $136.01 and its two hundred day average is $125.40. With the last close up 9.88% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same period. 305,712 shares of International Flavors & Fragrances Inc exchanged hands, down from ann average trading volume of 451,622.
Recent Performance Graph:
With a market capitalization of $0.0, International Flavors & Fragrances Inc has a one-year low of $97.24 and a 52 week high of $139.81 with a price-earnings ratio of 26.
In addition to Sanford C. Bernstein reporting it’s stock price target, a total of 7 equity analysts have issued a ratings update on the company. The consensus target price is $126.57 with one analyst rating the stock a strong buy, three firms rating the company a buy, five analyts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the stock as sell.
General Company Details For International Flavors & Fragrances Inc (NYSE:IFF)
International Flavors & Fragrances Inc. (IFF) creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, food and sweet products. The Fragrances segment offers fragrance compounds and fragrance ingredients. It offers cosmetic active ingredients, which consists of active and functional ingredients, botanicals and delivery systems to support its customers’ cosmetic and personal care product lines. Its products are sold to manufacturers of perfumes and cosmetics, hair and other personal care products, cleaning products, dairy, sweet and baked goods, and and pharmaceutical and oral care products.
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