Croda International (LON:CRDA) Price Target Raised to GBX 4,000

Croda International (LON:CRDA) had its price objective increased by Jefferies Financial Group from GBX 3,500 to GBX 4,000 in a research report released on Tuesday, MarketBeat reports. They currently have a buy rating on the stock.

CRDA has been the subject of a number of other research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 3,600 target price on shares of Croda International in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 price objective on shares of Croda International in a research report on Wednesday, July 29th. Finally, Citigroup lifted their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Croda International has a consensus rating of “Moderate Buy” and an average target price of GBX 3,490.

Croda International Stock Down 0.6%

CRDA opened at GBX 3,332 on Tuesday. The company has a 50 day moving average of GBX 3,150.15 and a 200 day moving average of GBX 2,996.73. The company has a market cap of £4.64 billion, a PE ratio of 58.56, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. Croda International has a 12 month low of GBX 2,437 and a 12 month high of GBX 3,520.24. The company has a current ratio of 2.57, a quick ratio of 2.25 and a debt-to-equity ratio of 36.06.

Croda International (LON:CRDA) last issued its earnings results on Tuesday, July 28th. The company reported GBX 72.20 earnings per share (EPS) for the quarter. Croda International had a net margin of 4.61% and a return on equity of 3.65%. On average, sell-side analysts expect that Croda International will post 181.8307268 EPS for the current year.

Insider Buying and Selling at Croda International

In other news, insider Stephen Oxley sold 1,339 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of GBX 3,214, for a total value of £43,035.46. In the last three months, insiders have purchased 35 shares of company stock valued at $107,620. Insiders own 0.83% of the company’s stock.

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.