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Analysts Offer Insights on Materials Companies: Intrepid Potash (IPI) and International Flavors & Fragrances (IFF)

Tipranks - Thu Aug 6, 8:06AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Intrepid Potash (IPI) and International Flavors & Fragrances (IFF).

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Intrepid Potash (IPI)

Morgan Stanley analyst Vincent Andrews maintained a Sell rating on Intrepid Potash today. The company’s shares closed last Tuesday at $33.96.

According to TipRanks.com, Andrews is a 4-star analyst with an average return of 2.7% and a 63.9% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Cf Industries Holdings. ;'>

Currently, the analyst consensus on Intrepid Potash is a Moderate Sell with an average price target of $35.50, a 7.1% upside from current levels. In a report released yesterday, UBS also maintained a Sell rating on the stock with a $26.00 price target.

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International Flavors & Fragrances (IFF)

Morgan Stanley analyst Lisa De Neve maintained a Buy rating on International Flavors & Fragrances yesterday and set a price target of $95.00. The company’s shares closed last Tuesday at $80.89, close to its 52-week low of $76.38.

Neve has an average return of 2.4% when recommending International Flavors & Fragrances. ;'>

According to TipRanks.com, Neve is ranked #5581 out of 12430 analysts.

Currently, the analyst consensus on International Flavors & Fragrances is a Strong Buy with an average price target of $92.65, representing a 15.0% upside. In a report issued on July 23, Oppenheimer also maintained a Buy rating on the stock with a $90.00 price target.

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