International Flavors & Fragrances (IFF), renowned for its production of fragrances and flavor additives, is experiencing a period of noteworthy activity. Recent reports indicate investment firms such as Vanguard, Aberdeen Group, and OFI Investment Management raising their respective stakes in IFF, indicating confidence in the company's potential value. Conversely, others including Nordea Investment Management and Tectonic Advisors, have reduced their holdings. The fragrances maker is reportedly investing heavily in its emerging markets, notably its facility in Mumbai, India, to boost expansion and facilitate long-term growth. Other strategic movements include IFF paying a $26M antitrust settlement and a possible asset sale to food processor Bunge. Notwithstanding, analysts' consensus appears divided on IFF's prospects, with some lowering the price target, while others like BofA Securities upgraded their outlook and target price to $80. The company also reportedly received the prestigious data security certification, which could enhance its reputation and reliability among its clientele.
International Flavors Fragrances IFF News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 18 Oct 2025 21:08:08 GMT - Rating -1 - Innovation 2 - Information 3 - Rumor -3
