Croda International (LON:CRDA) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

Croda International (LON:CRDA)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a report issued on Friday, Digital Look reports. They presently have a GBX 4,000 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 23.72% from the company’s current price.

A number of other equities analysts have also commented on CRDA. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 3,300 target price on shares of Croda International in a research report on Wednesday, July 29th. Berenberg Bank restated a “buy” rating and issued a GBX 3,600 price objective on shares of Croda International in a report on Wednesday, July 29th. Finally, Citigroup raised their target price on shares of 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 investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 3,490.

Croda International Stock Performance

Croda International stock opened at GBX 3,233 on Friday. The firm has a market capitalization of £4.51 billion, a P/E ratio of 56.82, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The company’s 50-day moving average is GBX 3,235.84 and its 200 day moving average is GBX 3,025.15. Croda International has a 1-year low of GBX 2,488 and a 1-year high of GBX 3,520.24. 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 (LON:CRDA) last issued 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 return on equity of 3.65% and a net margin of 4.61%. Research analysts forecast that Croda International will post 181.8307268 EPS for the current year.

Insiders Place Their Bets

In other Croda International news, insider Stephen Oxley sold 1,339 shares of Croda International 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 bought a total of 29 shares of company stock worth $90,842 over the last 90 days. 0.83% of the stock is owned by company insiders.

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.