Berenberg Bank Reiterates “Hold” Rating for Croda International Plc (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “hold” rating restated by research analysts at Berenberg Bank in a research note issued to investors on Thursday. They presently have a GBX 3,750 ($48.43) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 2.04% from the stock’s previous close.
A number of other equities research analysts have also commented on the company. Deutsche Bank AG restated a “hold” rating on shares of Croda International Plc in a research report on Thursday, August 24th. UBS AG began coverage on Croda International Plc in a research report on Monday, August 21st. They set a “buy” rating and a GBX 4,200 ($54.24) price objective for the company. Finally, Barclays PLC raised their price objective on Croda International Plc from GBX 3,900 ($50.37) to GBX 4,000 ($51.66) and gave the stock an “overweight” rating in a research report on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. Croda International Plc currently has an average rating of “Hold” and a consensus target price of GBX 3,676.46 ($47.48).
Croda International Plc (CRDA) opened at 3675.00 on Thursday. Croda International Plc has a one year low of GBX 3,066.00 and a one year high of GBX 4,025.00. The stock’s market capitalization is GBX 4.76 billion. The stock’s 50 day moving average is GBX 3,802.03 and its 200 day moving average is GBX 3,783.22.
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Croda International Plc Company Profile
Croda International Plc creates, makes and sells specialty chemicals. It operates through four segments. The Personal Care segment focuses on ingredients for skin, hair, sun and color cosmetic products. Its portfolio includes anti-ageing ingredients for skin, conditioning agents for hair care and metal oxides for ultraviolet (UV) filters.
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