Investors Getting Picky When It Comes To Buying International Flavors & Fragrances Inc. (IFF)

International Flavors & Fragrances Inc. (NYSE:IFF) does about 2.25M shares in volume on a normal day but saw 1544467 shares change hands in Tuesday’s trading. The company now has a market cap of 24.67B USD. Its current market price is $96.63, marking an increase of 0.11% compared to the previous close of $96.52. The 52 week high reached by this stock is $98.24 whilst the lowest price level in 52 weeks is $62.11.

International Flavors & Fragrances Inc. (IFF) has a 20-day trading average at $88.51 and the current price is -1.64% off the 52-week high compared with 55.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $85.20 and its 200-day simple moving average is $76.44. If we look at the stock’s price movements over the week, volatility stands at 1.97%, which increases to 2.12% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.36 to suggest the stock is overbought.

The consensus objective for the share price is $95.91, suggesting that the stock has a potential downside of -0.75% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 08, 2024 when JP Morgan upgraded the stock to “Overweight” and issued a price target of between $75 and $100. Citigroup upgraded its price target at $81-$100.

International Flavors & Fragrances Inc. (IFF) stock is up 2.44% over the week and 17.00% over the past month. Its price is 19.34% year-to-date and 16.20% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -0.75 percent from here.

The company has a return on investment of -10.36% and return on equity of -15.57%. The forward price to earnings ratio is 22.59. The beta has a value of 1.27. Price to book ratio is 1.73 and price to sales ratio is 2.17.