IFF stock: buy or sell
Jan 18th, 2021
IFF stock brief
- Counting last Friday, it's been 3 consecutive sessions in red for International Flavors & Fragrances. Price closed last Friday at $117.72 after falling a -1.85%.
- BNP Paribas, Exane BNP Paribas and Societe Generale posted strong buy ratings for International Flavors & Fragrances last Tuesday, with an average forecast of $133.50
- International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through two segments, Taste and Scent.
Should I buy International Flavors & Fragrances stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $IFF stock a buy?
Currently, International Flavors & Fragrances stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $IFF in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell International Flavors & Fragrances stock?
When you own stock shares with some profit, it's really hard to decide the correct moment to sell and get your benefits. Just as when we have to buy shares, deciding when is the best time to sell is not a whimsy decision, and we must use our own trading style. We like very simple setups to guide us on when is a good moment to sell a stock. Be aware that these setups are not intended for selling short International Flavors & Fragrances stock
A golden rule is that you must never hold a trade that shows a losses greater than those expected by the time of the buy. When to sell your stock must always be dictated by the stop-loss (automatic or manual)
Is it time to sell International Flavors & Fragrances stock?
Currently, International Flavors & Fragrances stock doesn't match any of our preferred sell setups, so if you own International Flavors & Fragrances shares and your operation is in profit probably is not time to sell now
International Flavors & Fragrances ratings
In the last month, 3 ratings were published for International Flavors & Fragrances
|Jan 12th, 2021|
|BNP Paribas||Sell → Neutral|
|Exane BNP Paribas||Sell → Neutral|
|Societe Generale|| Neutral → |
International Flavors & Fragrances stock analysis
Supports and resistances
The current resistance levels are:
The current support levels are:
Since the price surpassed the upper band last Tuesday, the price sliced by 7.40%. Since the price broke down the lower band on January 4, the price bounced off by 13.26%
Relative strength index
The RSI dropped below the overbought level of 70 last Wednesday after just crossing to the overbough zone for 1 day (weak signal). The RSI value last Friday was 54.77
International Flavors & Fragrances stock price history
International Flavors & Fragrances IPO was on Dec 17th, 1974 priced at $0.00 per share1. Since then, IFF stock has risen by -, with an average of 0.00% per year. If you had invested $1,000USD in International Flavors & Fragrances stock at that time, it would have a value of $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for International Flavors & Fragrances stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis forecasting how a stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new fundamental data by the company, and usually. If you are a small trader you should not buy or sell based on these price targets.
There are 2 price predictions published for International Flavors & Fragrances that average $133.50. International Flavors & Fragrances closed at $117.72 last Friday, that is a 11.82% than the target price.
|Brokerage firm||Price target|
|Jan 12th, 2021|
|Exane BNP Paribas||Not available|
|Societe Generale||$122.00 → $145.00|
Earnings and financials
Last November, International Flavors & Fragrances Inc. ($IFF) posted adjusted EPS for that slightly undercut Wall St. expectations. Quarterly EPS was $1.40 per share versus the estimated $1.46. This quarterly report means an earnings surprise of -4.11%. On the contrary, the company reported turnover for this quarter was $1.3 billion in line with the market estimates.Same quarter last year, reported EPS was $1.53, so recently posted EPS is a loss of -8.50%. Looking at sales, figures slightly moved compared to $12.7B same quarter last year.
IFF ($IFF) is releasing Q4 financial report mid next February. Wall Street analysts forecast of $1.18, that is a 15.71% less than Q3.
International Flavors & Fragrances performance
|International Flavors & Fragrances ($IFF)||6.20%||1.60%||-8.90%|
Please read:The comments expressed in this article are personal and not recommendations for you to buy or sell stocks. The author of this article does not know the individual conditions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for informational reasons only
|Friday, January 15th, 2021|
|Day range||$116.17 - $119.67|
|Average true range||$5.94|
|50d mov avg||$112.35|
|100d mov avg||$114.46|
|200d mov avg||$119.43|
|Earnings date||February 10th, 2021|