Barclays Sticks to Its Sell Note for International Flavors and Fragrances By Investing.com
Barclays (LON 🙂 Analyst Lauren Lieberman maintained a sell rating on International Flavors & Fragrances on Friday, setting a price target of $ 141, or about 1.69% below the current share price of 143.42 $.
Lieberman expects International Flavors & Fragrances to post earnings per share (EPS) of $ 0.00 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a moderate buy rating for shares of International Flavors & Fragrances, with an average price target of $ 158.67.
Analysts’ price targets range from a high of $ 184 to a low of $ 141.
In its latest earnings report, released 3/31/2021, the company reported quarterly revenue of $ 2.47 billion and net profit of $ 8 million. The company’s market capitalization is $ 35.7 billion.
According to TipRanks.com, Barclays analyst Lauren Lieberman is currently ranked with 2 stars on a 0 to 5 star rating scale, with an average return of 1.1% and a success rate of 52.25%.
International Flavors & Fragrances, Inc. is engaged in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care and household products industries. It operates through the following segments: Taste, Perfume and Frutarom. The Taste segment is sold to the food and beverage industries for use in consumer products such as prepared foods, beverages, dairy, food, and sweet products. The Perfume segment comprises perfume compounds, perfume ingredients and cosmetic active ingredients. The Frutarom segment creates and manufactures a range of aromatics, functional foods and specialty fine ingredients focused on natural products, primarily targeting small local and regional customers. The company was founded in 1833 and is headquartered in New York, NY.
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