Jefferies Financial Group Reaffirms Buy Rating for Croda International (LON:CRDA)

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

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

Get Our Latest Research Report on Croda International

Croda International Stock Performance

CRDA opened at GBX 3,236 on Friday. The business has a 50 day moving average price of GBX 3,235.84 and a two-hundred day moving average price of GBX 3,023.06. The company has a debt-to-equity ratio of 36.06, a current ratio of 2.57 and a quick ratio of 2.25. The company has a market capitalization of £4.51 billion, a price-to-earnings ratio of 56.87, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. Croda International has a 1-year low of GBX 2,488 and a 1-year high of GBX 3,520.24.

Croda International (LON:CRDA – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 72.20 earnings per share for the quarter. Croda International had a return on equity of 3.65% and a net margin of 4.61%. Research analysts predict that Croda International will post 181.8307268 EPS for the current fiscal year.

Insiders Place Their Bets

In other Croda International news, insider Stephen Oxley sold 1,339 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of GBX 3,214, for a total transaction of £43,035.46. Over the last three months, insiders have acquired 29 shares of company stock worth $90,842. 0.83% of the stock is owned by 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.

Featured Stories

Analyst Recommendations for Croda International (LON:CRDA)

Receive News & Ratings for Croda International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Croda International and related companies with MarketBeat.com's FREE daily email newsletter.