Oppenheimer has revised its price target for International Flavors & Fragrances (IFF, Financial), reducing it from $104 to $89, while maintaining an Outperform rating. This adjustment arises amid ongoing uncertainty surrounding tariffs and macroeconomic conditions.
The firm highlights that the agriculture sector, although not entirely immune to tariff impacts, has shown relative resilience in the current market environment. Oppenheimer notes that the fundamental prospects for the agricultural industry as we approach 2025 remain stable.
Furthermore, the potential involvement of government subsidies could mitigate the economic challenges faced by farmers, helping to cushion the effects on IFF's customer base within the agricultural domain.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for International Flavors & Fragrances Inc (IFF, Financial) is $91.56 with a high estimate of $117.12 and a low estimate of $76.00. The average target implies an upside of 25.93% from the current price of $72.71. More detailed estimate data can be found on the International Flavors & Fragrances Inc (IFF) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, International Flavors & Fragrances Inc's (IFF, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for International Flavors & Fragrances Inc (IFF, Financial) in one year is $81.96, suggesting a upside of 12.72% from the current price of $72.71. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the International Flavors & Fragrances Inc (IFF) Summary page.
