Croda International’s (CRDA) “Buy” Rating Reaffirmed at Jefferies Financial Group

Croda International (LON:CRDA)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research note issued to investors on Friday, Digital Look reports. They presently have a GBX 4,000 price objective on the stock. Jefferies Financial Group’s price objective points to a potential upside of 21.73% from the stock’s previous close.

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

Croda International Stock Up 1.0%

CRDA opened at GBX 3,286 on Friday. The firm has a market cap of £4.58 billion, a price-to-earnings ratio of 57.75, a PEG ratio of 1.40 and a beta of 0.92. The company has a debt-to-equity ratio of 36.06, a quick ratio of 2.25 and a current ratio of 2.57. The firm’s 50-day simple moving average is GBX 3,242.62 and its 200-day simple moving average is GBX 3,028.56. Croda International has a twelve month low of GBX 2,488 and a twelve month high of GBX 3,520.24.

Croda International (LON:CRDA) last announced its quarterly 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%. Equities research analysts anticipate that Croda International will post 181.8307268 EPS for the current fiscal 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 that occurred on Monday, August 3rd. The shares were sold at an average price of GBX 3,214, for a total transaction of £43,035.46. Insiders have bought 29 shares of company stock valued at $90,842 over the last ninety days. 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.