CIBC Bancorp USA Inc. Invests $9.63 Million in International Flavors & Fragrances Inc. $IFF

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CIBC Bancorp USA Inc. has acquired a new stake of 156,428 shares, valued at approximately $9.63 million, in International Flavors & Fragrances Inc. (NYSE:IFF) during the third quarter. Other institutional investors have also adjusted their holdings in IFF, which currently has a “Moderate Buy” consensus rating from analysts with an average target price of $90.09. The company recently declared a quarterly dividend of $0.40 per share and reported quarterly earnings of $0.80 per share, missing analyst estimates.

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