Insider Buying: Croda International (LON:CRDA) Insider Acquires £164.60 in Stock

Croda International Plc (LON:CRDA) insider Tom Brophy purchased 5 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average cost of GBX 3,292 per share, for a total transaction of £164.60.

Croda International Trading Up 0.5%

LON CRDA opened at GBX 3,285 on Friday. The company has a market capitalization of £4.58 billion, a price-to-earnings ratio of 57.73, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The company has a debt-to-equity ratio of 36.06, a current ratio of 2.57 and a quick ratio of 2.25. Croda International Plc has a 12 month low of GBX 2,437 and a 12 month high of GBX 3,352. The company’s fifty day moving average price is GBX 3,060.22 and its two-hundred day moving average price is GBX 2,946.12.

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

Analysts Set New Price Targets

Several analysts recently weighed in on CRDA shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Croda International in a report on Wednesday, July 29th. Citigroup increased their target price on Croda International from GBX 3,050 to GBX 3,200 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,600 target price on shares of Croda International in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 target price on shares of Croda International in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,390.

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.