Jefferies Financial Group Reaffirms “Buy” Rating for Croda International (LON:CRDA)

Croda International (LON:CRDA)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They currently have a GBX 4,000 target price on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 9.11% from the company’s current price.

CRDA has been the subject of several other reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 3,300 price objective on shares of Croda International in a research report on Wednesday, July 29th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 3,600 price target on shares of Croda International in a research report on Wednesday, July 29th. Finally, Citigroup increased their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 3,650.

Croda International Price Performance

Croda International stock opened at GBX 3,666 on Thursday. The stock’s 50 day moving average is GBX 3,411.95 and its 200 day moving average is GBX 3,078.21. Croda International has a one year low of GBX 2,488 and a one year high of GBX 3,784. The firm has a market cap of £5.11 billion, a P/E ratio of 64.43, a P/E/G ratio of 1.40 and a beta of 0.92. The company has a debt-to-equity ratio of 36.06, a current ratio of 2.57 and a quick ratio of 2.25.

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.