Citigroup Increases International Flavors & Fragrances (NYSE:IFF) Price Target to $96.00

International Flavors & Fragrances (NYSE:IFF) had its price objective raised by analysts at Citigroup from $90.00 to $96.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the specialty chemicals company’s stock. Citigroup’s price objective would indicate a potential upside of 18.45% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Berenberg Bank lifted their price objective on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the company a “hold” rating in a research report on Thursday. Argus raised their target price on shares of International Flavors & Fragrances from $70.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Bank of America raised their target price on shares of International Flavors & Fragrances from $84.00 to $88.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Barclays cut their target price on shares of International Flavors & Fragrances from $91.00 to $80.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Finally, Jefferies Financial Group raised their target price on shares of International Flavors & Fragrances from $97.00 to $105.00 in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $90.99.

International Flavors & Fragrances Trading Up 3.6%

International Flavors & Fragrances stock opened at $81.05 on Thursday. The stock has a market cap of $20.69 billion, a P/E ratio of 24.79, a PEG ratio of 2.10 and a beta of 0.93. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.85. International Flavors & Fragrances has a 1 year low of $59.14 and a 1 year high of $84.45. The firm’s 50 day moving average price is $72.71 and its 200-day moving average price is $70.38.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.17. The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.64 billion. International Flavors & Fragrances had a net margin of 7.78% and a return on equity of 7.65%. The company’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.20 earnings per share. On average, equities analysts predict that International Flavors & Fragrances will post 4.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Paul J. Fribourg acquired 142,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was bought at an average cost of $70.13 per share, with a total value of $9,958,460.00. Following the completion of the purchase, the director directly owned 2,422,730 shares of the company’s stock, valued at $169,906,054.90. This represents a 6.23% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.07% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dodge & Cox boosted its stake in International Flavors & Fragrances by 5.5% during the third quarter. Dodge & Cox now owns 36,972,638 shares of the specialty chemicals company’s stock worth $2,275,296,000 after buying an additional 1,925,251 shares during the period. Vanguard Group Inc. boosted its stake in International Flavors & Fragrances by 0.8% during the third quarter. Vanguard Group Inc. now owns 31,133,186 shares of the specialty chemicals company’s stock worth $1,915,936,000 after buying an additional 252,983 shares during the period. State Street Corp boosted its stake in International Flavors & Fragrances by 1.1% during the fourth quarter. State Street Corp now owns 11,092,368 shares of the specialty chemicals company’s stock worth $751,875,000 after buying an additional 121,260 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of International Flavors & Fragrances by 27.5% during the fourth quarter. First Eagle Investment Management LLC now owns 8,831,668 shares of the specialty chemicals company’s stock valued at $595,166,000 after purchasing an additional 1,904,598 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of International Flavors & Fragrances by 4.9% during the fourth quarter. Invesco Ltd. now owns 7,519,812 shares of the specialty chemicals company’s stock valued at $506,760,000 after purchasing an additional 352,636 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

Key International Flavors & Fragrances News

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.