Croda International Plc (LON:CRDA) Receives Average Rating of “Moderate Buy” from Analysts

Croda International Plc (LON:CRDA) has earned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 3,140.

Several research firms have recently weighed in on CRDA. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating on the stock in a research report on Tuesday, March 24th. Morgan Stanley upgraded shares of Croda International to an “overweight” rating and upped their price target for the company from GBX 3,280 to GBX 3,350 in a research report on Wednesday, March 25th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 3,000 price objective on shares of Croda International in a research note on Wednesday, April 22nd.

Insider Activity

In other news, insider Steve Foots sold 73 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total value of £2,073.20. Insiders acquired a total of 25 shares of company stock valued at $73,400 in the last ninety days. 0.83% of the stock is owned by corporate insiders.

Croda International Trading Down 2.0%

Shares of CRDA opened at GBX 2,917 on Friday. The business’s 50-day moving average price is GBX 2,957.52 and its 200 day moving average price is GBX 2,882.16. The company has a current ratio of 1.99, a quick ratio of 2.25 and a debt-to-equity ratio of 31.85. The stock has a market capitalization of £4.06 billion, a P/E ratio of 65.70, a P/E/G ratio of 1.40 and a beta of 0.92. Croda International has a 1-year low of GBX 2,426.77 and a 1-year high of GBX 3,312.

About Croda International

Founded in 1925 with the aim of turning bio-based raw materials into innovative ingredients, Croda International is a speciality chemicals company focused on consumer care and life sciences markets. The company is focused on creating, making and selling innovative ingredients that deliver real benefits to a diverse range of customers and employs more than 6,000 people around the world. Sustainability is a core part of the Groups strategy with a commitment to be Climate, Land and People positive by 2030.