MANE (NYSE:MANE) Given Consensus Rating of “Moderate Buy” by Analysts

MANE (NYSE:MANE) has received an average rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $83.3333.

A number of equities analysts have issued reports on MANE shares. Citigroup initiated coverage on MANE in a report on Monday, March 2nd. They set a “buy” rating and a $85.00 price target on the stock. Leerink Partners lifted their price target on MANE from $75.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Zacks Research upgraded shares of MANE to a “hold” rating in a research note on Tuesday, March 3rd. Cantor Fitzgerald assumed coverage on MANE in a report on Monday, March 2nd. They issued an “overweight” rating for the company. Finally, Wall Street Zen upgraded shares of MANE to a “hold” rating in a research report on Sunday, February 15th.

MANE Trading Down 7.8%

Shares of MANE opened at $98.23 on Friday. The firm’s fifty day moving average price is $62.58. MANE has a 12 month low of $32.00 and a 12 month high of $114.50.

MANE Company Profile

MANE is a global manufacturer and supplier of flavors, fragrances and ingredients for the food, beverage, personal care, household and fine fragrance markets. Headquartered in France, the company develops and produces aromatic solutions that are used by consumer goods companies, food processors, perfumers and formulators seeking sensory impact, taste modulation and olfactory character for their products.

The company’s product portfolio includes savory and sweet flavor systems, beverage concentrates, natural extracts, essential oils, fragrance compounds, cosmetic ingredients and specialty functional solutions such as taste enhancers and odor masking agents.