Croda International Plc (LON:CRDA) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Croda International Plc (LON:CRDA) have received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 3,140.

CRDA has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered their target price on Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating on the stock in a research note on Tuesday, March 24th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 3,000 target price on shares of Croda International in a research note on Wednesday, April 22nd. Finally, Morgan Stanley upgraded Croda International to an “overweight” rating and lifted their target price for the stock from GBX 3,280 to GBX 3,350 in a research note on Wednesday, March 25th.

Insider Buying and Selling at Croda International

In other Croda International news, insider Steve Foots sold 73 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total value of £2,073.20. Also, insider Tom Brophy sold 1,020 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 2,652, for a total value of £27,050.40. Over the last 90 days, insiders acquired 15 shares of company stock worth $43,750 and sold 4,715 shares worth $12,351,292. Insiders own 0.83% of the company’s stock.

Croda International Trading Up 0.7%

LON CRDA opened at GBX 3,074 on Monday. The stock has a market capitalization of £4.28 billion, a price-to-earnings ratio of 69.23, a PEG ratio of 1.40 and a beta of 0.91. Croda International has a one year low of GBX 2,426.77 and a one year high of GBX 3,312. The company has a debt-to-equity ratio of 31.85, a current ratio of 1.99 and a quick ratio of 2.25. The business’s fifty day moving average is GBX 2,918.62 and its 200-day moving average is GBX 2,840.60.

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.