Croda International’s (CRDA) Hold Rating Reaffirmed at Deutsche Bank

Deutsche Bank reiterated their hold rating on shares of Croda International (LON:CRDA) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also recently issued research reports about the stock. UBS Group reissued a neutral rating on shares of Croda International in a research note on Friday, April 24th. Peel Hunt cut shares of Croda International to a hold rating and upped their price objective for the company from GBX 4,200 ($51.69) to GBX 4,650 ($57.22) in a research note on Thursday, June 11th. Sanford C. Bernstein cut their price objective on shares of Croda International from GBX 4,100 ($50.46) to GBX 3,900 ($47.99) and set a market perform rating for the company in a research note on Monday, March 30th. Credit Suisse Group upped their price target on shares of Croda International from GBX 3,900 ($47.99) to GBX 4,100 ($50.46) and gave the company an underperform rating in a report on Thursday, May 28th. Finally, JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 4,025 ($49.53) price target on shares of Croda International in a report on Friday, April 24th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 4,676.92 ($57.56).

CRDA stock opened at GBX 5,256 ($64.68) on Tuesday. The company has a debt-to-equity ratio of 72.48, a current ratio of 1.69 and a quick ratio of 0.86. Croda International has a one year low of GBX 48.62 ($0.60) and a one year high of GBX 5,350 ($65.84). The stock has a market cap of $6.73 billion and a PE ratio of 30.74. The firm has a 50 day simple moving average of GBX 5,118.88 and a two-hundred day simple moving average of GBX 4,869.40.

In other news, insider Jez K. Maiden sold 6,832 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of GBX 5,020 ($61.78), for a total transaction of £342,966.40 ($422,060.55). Also, insider Steve Foots purchased 22 shares of the company’s stock in a transaction dated Thursday, April 9th. The shares were bought at an average cost of GBX 4,306 ($52.99) per share, for a total transaction of £947.32 ($1,165.79).

Croda International Company Profile

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.

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Analyst Recommendations for Croda International (LON:CRDA)

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