MANE (NYSE:MANE) Price Target Raised to $90.00

MANE (NYSE:MANE) had its price target increased by research analysts at Leerink Partners from $75.00 to $90.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Leerink Partners’ target price would suggest a potential upside of 18.29% from the company’s previous close.

MANE has been the topic of several other research reports. Jefferies Financial Group assumed coverage on MANE in a research note on Monday, March 2nd. They set a “buy” rating and a $75.00 price target on the stock. Citigroup assumed coverage on MANE in a research note on Monday, March 2nd. They set a “buy” rating and a $85.00 price target on the stock. Zacks Research upgraded MANE to a “hold” rating in a research note on Tuesday, March 3rd. Cantor Fitzgerald assumed coverage on MANE in a research note on Monday, March 2nd. They set an “overweight” rating on the stock. Finally, Wall Street Zen upgraded MANE to a “hold” rating in a research note on Sunday, February 15th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $83.33.

MANE Price Performance

NYSE:MANE traded up $2.74 during mid-day trading on Wednesday, hitting $76.09. 28,240 shares of the company’s stock traded hands, compared to its average volume of 390,327. The stock has a fifty day moving average of $57.55. MANE has a twelve month low of $32.00 and a twelve month high of $80.90.

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.