Leerink Partners Begins Coverage on MANE (NYSE:MANE)

Equities researchers at Leerink Partners initiated coverage on shares of MANE (NYSE:MANE) in a research note issued on Monday,Benzinga reports. The brokerage set an “outperform” rating and a $75.00 price target on the stock. Leerink Partners’ target price would suggest a potential upside of 64.11% from the company’s current price.

Other equities research analysts have also issued reports about the company. Wall Street Zen raised MANE to a “hold” rating in a research note on Sunday, February 15th. Jefferies Financial Group began coverage on shares of MANE in a research note on Monday. They set a “buy” rating and a $75.00 target price for the company. Finally, Cantor Fitzgerald started coverage on shares of MANE in a report on Monday. They issued an “overweight” rating on the stock. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, MANE presently has an average rating of “Buy” and a consensus target price of $75.00.

MANE Price Performance

MANE stock opened at $45.70 on Monday. MANE has a 12 month low of $32.00 and a 12 month high of $51.56.

MANE Company Profile

MANE is a global manufacturer and supplier of flavors, fragrances and ingredients for the food, beverage, personal care, household and fine fragrance markets. Headquartered in France, the company develops and produces aromatic solutions that are used by consumer goods companies, food processors, perfumers and formulators seeking sensory impact, taste modulation and olfactory character for their products.

The company’s product portfolio includes savory and sweet flavor systems, beverage concentrates, natural extracts, essential oils, fragrance compounds, cosmetic ingredients and specialty functional solutions such as taste enhancers and odor masking agents.