Analysts’ recommendations for International Flavors and Fragrances

As of March 23, 2017, 14 brokerage firms were tracking the International Flavors and Fragrances (IFF) stock actively. Among them, 43% of analysts recommend the stock as a “buy,” 50% analysts recommend the stock as a “hold,” and 7% of analysts recommend the stock as a “sell.”

International Flavors and Fragrances: Wall Street Ratings

Analysts’ consensus indicates a 12-month target price of International Flavors and Fragrances at $131.40. However, as of March 23, IFF traded 2.8% above analysts’ consensus.

Many analysts recommend IFF as a “hold”

IFF’s plans to achieve sales of $500 million to $1 billion by 2020 through acquisitions. It has already acquired Fragrance Resources and David Michael, which should contribute to IFF’s revenue growth. Further, better-than-expected 4Q16 earnings could have influenced analysts in recommending a “hold” on IFF.

Recommendations and targets from well-known brokerage firms

Below are some of the recommended target prices from well-known brokerage firms for International Flavors & Fragrances.

  • On February 27, 2017, J.P. Morgan (JPM) rated International Flavors and Fragrances as “Neutral” with a target price of $123, which implies a 12-month potential return of -8.9% over the March 23, 2017, closing price of $135.07.
  • On February 23, 2017, UBS (UBS) rated International Flavors and Fragrances as a “Buy” with a target price of $138, which implies a 12-month potential return of 2.2% over the March 23, 2017, closing price of $135.07.
  • On February 20, 2017, Barclays (BCS) rated International Flavors and Fragrances as “Underweight” with a target price of $112, which implies a 12-month potential return of -17.10% over the March 23, 2017, closing price of $135.07.

Investors can access IFF by investing in the ProShares Ultra Basic Materials (UYM), which has invested 1.3% of its portfolio in IFF as of March 23, 2017.

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