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

Croda International (LON:CRDA – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Financial Group in a research note issued to investors on Friday, Digital Look reports. They presently have a GBX 4,000 price objective on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 23.61% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 3,300 price target on shares of Croda International in a report on Wednesday, July 29th. Citigroup increased their price objective on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 3,600 target price on shares of Croda International in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Croda International currently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,490.

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Read Our Latest Analysis on CRDA

Croda International Stock Up 0.3%

LON CRDA traded up GBX 9 on Friday, hitting GBX 3,236. 330,910 shares of the company were exchanged, compared to its average volume of 4,675,944. 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 company has a market cap of £4.51 billion, a PE ratio of 56.87, a PEG ratio of 1.40 and a beta of 0.92. The stock has a fifty day moving average of GBX 3,235.84 and a 200-day moving average of GBX 3,023.06. Croda International has a 12 month low of GBX 2,488 and a 12 month high of GBX 3,520.24.

Croda International (LON:CRDA – Get Free Report) last announced 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%. As a group, analysts forecast that Croda International will post 181.8307268 earnings per share for the current year.

Insider Activity at Croda International

In related news, insider Stephen Oxley sold 1,339 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of GBX 3,214, for a total value of £43,035.46. In the last 90 days, insiders bought 29 shares of company stock worth $90,842. 0.83% of the stock is currently owned by corporate insiders.

About Croda International

(Get Free Report)

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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