International Flavors & Fragrances receives “buy” rating and $109 price target from Vertical Research

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International Flavors & Fragrances ($NYSE:IFF) (IFF) is a global leader in the creation and production of flavors, fragrances, and cosmetic ingredients. In recent news, IFF’s shares have received an upgrade from “hold” to “buy” by Vertical Research, one of the leading equity research firms. This comes with a price target of $109.00, indicating a potential increase in value for IFF’s stock. The upgrade from Vertical Research is based on several factors, including IFF’s recent financial performance and future growth potential. This strong performance was driven by growth in both its flavors and fragrances segments, as well as cost-saving measures implemented by the company.

Additionally, IFF’s acquisition of DuPont’s Nutrition & Biosciences (N&B) division is seen as a major catalyst for future growth. N&B brings with it a portfolio of sustainable and natural ingredients, aligning with IFF’s focus on clean and environmentally friendly products. This acquisition is expected to drive long-term revenue growth for the company and enhance its competitive position in the market. Furthermore, IFF has made significant progress in its sustainability efforts, which have been recognized by various industry organizations. These accomplishments not only demonstrate IFF’s commitment to ethical and responsible business practices but also position the company as a leader in the industry. In conclusion, IFF has shown strong financial performance and made strategic moves to position itself for future growth. Its recent upgrade to a “buy” rating and the price target of $109.00 from Vertical Research further solidifies its position as a promising investment opportunity. With its diversified portfolio, commitment to sustainability, and strong market position, IFF is well-positioned to continue its success in the global flavors and fragrances market.

Share Price

This news caused the IFF stock to open at $99.65 and close at $98.97, a slight increase of 0.04% from its previous closing price of $98.93. This positive sentiment towards IFF is driven by its recent financial results, which have shown consistent growth and strong profitability. This has led to a steady increase in its stock price over the past few years. The IFF stock has also been boosted by its strategic partnerships and acquisitions, which have expanded its global reach and diversified its product portfolio. This merger has also allowed IFF to access new markets and customers, further driving its growth potential. Furthermore, IFF’s strong commitment to sustainability and innovation has also contributed to its positive performance.

The company has set ambitious goals to reduce its environmental impact and has introduced new sustainable ingredients in response to growing consumer demand for environmentally-friendly products. This focus on sustainability has not only improved IFF’s brand reputation but has also opened up new business opportunities in the rapidly growing market for natural and organic flavors and fragrances. This positive outlook is supported by the company’s strong financials, strategic initiatives, and commitment to sustainability. As IFF continues to expand its global reach and innovate within the flavors and fragrances industry, it is well-positioned for long-term growth and success. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for IFF. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for IFF. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for IFF. More…

Key Ratios Snapshot

Some of the financial key ratios for IFF are shown below. More…

Analysis

After conducting a thorough analysis of INTERNATIONAL FLAVORS & FRAGRANCES, I have found that this company has a strong overall well-being. This is reflected in its star chart, which shows that the company excels in areas such as dividends, growth, and has a medium rating for assets and profitability. This indicates that INTERNATIONAL FLAVORS & FRAGRANCES is a solid and stable company with a positive financial outlook. Based on our analysis, we have classified INTERNATIONAL FLAVORS & FRAGRANCES as a ‘rhino’ company. This means that the company has achieved moderate revenue or earnings growth, which is a promising sign for potential investors. This type of company may be of interest to investors who are looking for stability and steady growth rather than high-risk, high-reward opportunities. This is due to its strong cashflow and manageable debt levels. With this in mind, the company may be well-equipped to ride out any potential crises without the risk of bankruptcy. This should provide reassurance to investors who are considering investing in INTERNATIONAL FLAVORS & FRAGRANCES. Overall, I believe that INTERNATIONAL FLAVORS & FRAGRANCES presents a solid opportunity for investors. With its strong well-being and stable financial outlook, it is a company that could offer both stability and potential growth. However, as with any investment, it is important to conduct further research and carefully consider one’s risk tolerance before making any decisions. More…

Peers

The company has a long history dating back to 1884 and has a strong portfolio of over 5,000 products. Koninklijke DSM NV, Ashland Global Holdings Inc, and Chr. Hansen Holding A/S are all major competitors in the flavors and fragrances industry.

– Koninklijke DSM NV ($LTS:0NPP)

Koninklijke DSM NV is a Dutch multinational chemical company headquartered in Heerlen, Netherlands. The company produces a wide range of products, including chemicals, materials, and food and nutrition products. DSM has operations in over 50 countries and employs approximately 22,000 people.

DSM’s market cap as of 2022 is 20.77B. The company’s ROE is 6.75%. DSM is a multinational chemical company that produces a wide range of products, including chemicals, materials, and food and nutrition products. The company has operations in over 50 countries and employs approximately 22,000 people.

– Ashland Global Holdings Inc ($NYSE:ASH)

Ashland Global Holdings Inc is a publicly traded company with a market capitalization of 5.33 billion as of 2022. The company has a return on equity of 4.57%. Ashland Global Holdings Inc is a diversified chemical company that produces and markets specialty chemicals for customers in a range of industries worldwide. The company operates in three segments: Ashland Specialty Ingredients, Ashland Performance Materials, and Valvoline.

– Chr. Hansen Holding A/S ($LTS:0MR6)

Chr. Hansen is a biotechnology company that produces and sells natural ingredients for the food, beverage, dietary supplement, and agricultural industries. The company has a market cap of 55.93B as of 2022 and a return on equity of 19.79%. Chr. Hansen was founded in 1874 and is headquartered in Hørsholm, Denmark.

Summary

Vertical Research has upgraded their rating on shares of International Flavors & Fragrances from “hold” to “buy” and set a price target of $109. This indicates that the company’s stock is expected to perform well in the market and could potentially see an increase in value. Investors may want to consider this new analysis when making decisions about investing in International Flavors & Fragrances.

This recommendation from Vertical Research is based on their analysis of the company’s financial performance and growth potential. As with any investment, it is important for investors to conduct their own research and carefully consider all factors before making a decision.