MANE (NYSE:MANE) Receives Consensus Rating of “Moderate Buy” from Analysts

MANE (NYSE:MANE) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $100.00.

A number of equities analysts recently weighed in on the stock. Leerink Partners increased their price objective on shares of MANE from $75.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. Jefferies Financial Group started coverage on shares of MANE in a research note on Monday, March 2nd. They issued a “buy” rating and a $75.00 price target for the company. Citigroup boosted their price target on shares of MANE from $120.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Wall Street Zen raised shares of MANE to a “hold” rating in a research report on Sunday, February 15th. Finally, Cantor Fitzgerald began coverage on shares of MANE in a research report on Monday, March 2nd. They set an “overweight” rating for the company.

MANE Price Performance

Shares of NYSE MANE opened at $101.42 on Tuesday. The business’s 50 day moving average price is $80.02. MANE has a 1 year low of $32.00 and a 1 year high of $117.71.

MANE (NYSE:MANE) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($1.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.76).

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.