Berenberg Bank Reaffirms “Buy” Rating for Croda International (LON:CRDA)

Croda International (LON:CRDA)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 3,600 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 13.21% from the stock’s current price.

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 3,000 target price on shares of Croda International in a research note on Wednesday, April 22nd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,230.

Croda International Trading Up 0.6%

Shares of LON:CRDA opened at GBX 3,180 on Wednesday. The company has a current ratio of 1.99, a quick ratio of 2.25 and a debt-to-equity ratio of 31.85. Croda International has a 12-month low of GBX 2,426.77 and a 12-month high of GBX 3,312. The business has a 50 day moving average of GBX 2,989.04 and a two-hundred day moving average of GBX 2,900.62. The company has a market capitalization of £4.43 billion, a PE ratio of 71.62, a PEG ratio of 1.40 and a beta of 0.92.

Insider Buying and Selling

In other news, insider Steve Foots sold 73 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Over the last ninety days, insiders have acquired 25 shares of company stock valued at $72,490. 0.83% of the stock is currently owned by insiders.

Croda International Company Profile

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.