International Flavors & Fragrances, Inc. is a leading global company that specializes in creating and manufacturing a wide range of flavor and fragrance products
The company develops innovative solutions tailored to the food, beverage, personal care, and home products industries, focusing on enhancing sensory experiences through its diverse portfolio. With a commitment to sustainability and cutting-edge research, IFF collaborates with clients to deliver customized formulations that meet evolving consumer preferences and market trends, making it a key player in the flavor and fragrance sector.
IFF stock results show that Intl Flavors & Fragrances beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
IFF stock upgraded to Buy with increased price target of $115. Analyst sees sales and EBITDA growth, expects leverage to decrease and Q2 results on Aug 6.
Oppenheimer initiates coverage on IFF at Outperform rating with $116 price target. Analyst sees potential for shareholder base shift and ongoing growth. Estimated EPS of $3.94 in FY24, $4.28 in FY25, and $4.61 in FY26. Investors can gain exposure through MVAL and IVEG.
