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

Croda International (LON:CRDA)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research note issued on Friday, Digital Look reports. They presently have a GBX 4,000 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 22.89% from the company’s previous close.

Several other research analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 price objective on shares of Croda International in a 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 note on Wednesday, July 29th. Finally, Citigroup increased their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,490.

Croda International Stock Performance

CRDA traded up GBX 19 on Friday, hitting GBX 3,255. 204,647 shares of the company’s stock were exchanged, compared to its average volume of 4,652,033. The company has a current ratio of 2.57, a quick ratio of 2.25 and a debt-to-equity ratio of 36.06. The stock has a fifty day moving average of GBX 3,235.84 and a two-hundred day moving average of GBX 3,025.15. Croda International has a twelve month low of GBX 2,488 and a twelve month high of GBX 3,520.24. The firm has a market cap of £4.54 billion, a PE ratio of 57.21, a P/E/G ratio of 1.40 and a beta of 0.92.

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

Insider Buying and Selling

In other Croda International news, insider Stephen Oxley sold 1,339 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of GBX 3,214, for a total value of £43,035.46. Insiders have purchased 29 shares of company stock worth $90,842 over the last quarter. Insiders own 0.83% of the company’s stock.

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.