Croda International Plc (LON:CRDA) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Croda International Plc (LON:CRDAGet Free Report) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 3,140.

Several brokerages recently commented on CRDA. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating for the company in a research report on Tuesday, March 24th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 3,000 price objective on shares of Croda International in a research report on Wednesday, April 22nd. Finally, Morgan Stanley raised shares of Croda International to an “overweight” rating and boosted their target price for the company from GBX 3,280 to GBX 3,350 in a research note on Wednesday, March 25th.

Read Our Latest Stock Analysis on CRDA

Insider Buying and Selling at Croda International

In other news, insider Steve Foots sold 73 shares of Croda International stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Insiders acquired a total of 15 shares of company stock worth $43,900 in the last quarter. Insiders own 0.83% of the company’s stock.

Croda International Stock Performance

Shares of CRDA opened at GBX 2,860 on Friday. 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 50-day moving average of GBX 2,957.46 and a two-hundred day moving average of GBX 2,883.32. The stock has a market cap of £3.99 billion, a price-to-earnings ratio of 64.41, a PEG ratio of 1.40 and a beta of 0.92. The company has a debt-to-equity ratio of 31.85, a current ratio of 1.99 and a quick ratio of 2.25.

Croda International Company Profile

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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.

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Analyst Recommendations for Croda International (LON:CRDA)

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