Argus Reiterates Buy Rating on International Flavors & Fragrances
On June 30, Argus Research maintained its 'buy' rating on IFF with an $85 price target, a 7.30% upside from the current price.
Key Points
- Argus Research reiterated its 'buy' rating on International Flavors & Fragrances (NYSE:IFF) with a price target of $85 on June 30, 2026.
- Argus Research's $85 price target implies 7.30% upside from International Flavors & Fragrances Inc.'s ($IFF) current $79.22 share price.
- Shares of IFF traded near $76.50 on Tuesday, with a market cap of about $19.5 billion and a P/E ratio of 23.6.
- Insider Paul Fribourg bought 273,500 shares on June 1, while Argus and other analysts maintain positive outlooks.
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On June 30, 2026, Argus Research reiterated its 'buy' rating for International Flavors & Fragrances Inc. (NYSE:IFF) and set a price target of $85. This reflects continued confidence in the company despite recent market fluctuations.
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Other Institutional Activity in International Flavors & Fragrances
Dodge & Cox slightly increased its holdings in IFF by 71,900 shares, resulting in a total of about 36.47 million shares valued at approximately $2.65 billion. Freemont Capital PTE Ltd maintained its position with about 25.36 million shares worth $1.84 billion. BlackRock, Inc. added 687,027 shares, raising its total to over 22.72 million shares valued at around $1.65 billion. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions with 16.24 million and 11.72 million shares, respectively.
International Flavors & Fragrances Inc. Stock Down 9.9%
Shares of IFF traded near $76.50 on Tuesday. The company has a market cap of approximately $19.5 billion, with a P/E ratio of 23.6 and a forward P/E of 15.9, indicating market expectations of future earnings growth. The stock's beta of 0.96 suggests it is less volatile compared to the broader market. Over the past 52 weeks, IFF has traded between $59.14 and $84.45, with a 50-day moving average of $74.74 and a 200-day moving average of $70.13.
$IFF price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
International Flavors & Fragrances reported revenue of about $10.79 billion, though it experienced a slight decline of 3.6% in revenue growth. The company's net margin stands at 7.7%, while return on equity is 6.1%. Investors will be watching closely for the next earnings report scheduled for August 4, 2026.
Dividend
IFF pays an annual dividend rate of $1.60, yielding 2.1% at current prices. With a payout ratio of 49.5%, the company maintains a balanced approach between returning capital to shareholders and reinvesting in its business.
Insider Buying and Selling at International Flavors & Fragrances Inc.
On June 1, insider Paul Fribourg purchased 273,500 shares at an average price of $74.29. Additionally, several executives, including Deborah Borg and Michael Deveau, sold shares on May 4 at an average price of $70.09.
Analysts Set New Price Targets
On June 30, Argus Research maintained its 'buy' rating with an $85 price target. Citigroup reaffirmed its 'buy' rating on June 24, setting a target of $88. Benchmark initiated coverage with a 'buy' rating and a $100 target on June 9. Barclays also maintained a 'buy' rating with a $90 target on May 8. Overall, 18 analysts maintain a consensus 'buy' rating with a mean price target of $91.21.
About International Flavors & Fragrances
International Flavors & Fragrances Inc. is a leading player in the specialty chemicals industry, headquartered in New York City. The company produces a wide range of products including flavors, fragrances, and specialty ingredients for various markets such as food, beverages, health, and personal care. Under the leadership of CEO Jon Erik Fyrwald, IFF employs around 21,500 people worldwide.
Bottom Line
Argus Research's reiteration of its 'buy' rating for International Flavors & Fragrances, along with its $85 price target, underscores the firm's confidence in the company's future prospects. As a major player in the specialty chemicals sector, IFF remains a stock to watch. Remember, these analyst ratings are backward-looking and based on past performance, not necessarily indicative of future results.
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