Croda International (LON:CRDA – Get Free Report) had its price target raised by equities research analysts at Berenberg Bank from GBX 3,600 to GBX 4,400 in a research note issued on Friday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank‘s price target would indicate a potential upside of 19.76% from the company’s previous close.
A number of other brokerages have also weighed in on CRDA. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 3,300 target price on shares of Croda International in a research report on Wednesday, July 29th. Citigroup lifted their price target on shares of 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. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 4,000 price target on shares of Croda International in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Croda International currently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,650.
Get Our Latest Report on Croda International
Croda International Trading Up 0.6%
Croda International stock opened at GBX 3,674 on Friday. 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 has a one year low of GBX 2,488 and a one year high of GBX 3,784. The stock has a market capitalization of £5.12 billion, a PE ratio of 64.57, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The business’s fifty day moving average is GBX 3,407.21 and its 200 day moving average is GBX 3,073.27.
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.
Further Reading
- Five stocks we like better than Croda International
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
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.
