Croda International (LON:CRDA) Price Target Cut to GBX 3,000 by Analysts at Deutsche Bank Aktiengesellschaft

Croda International (LON:CRDA) had its target price cut by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 3,100 to GBX 3,000 in a research report issued on Tuesday,Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 10.17% from the company’s previous close.

Croda International Trading Up 1.0%

Shares of CRDA stock opened at GBX 2,723 on Tuesday. Croda International has a 12 month low of GBX 2,426.77 and a 12 month high of GBX 3,312. The company has a quick ratio of 2.25, a current ratio of 1.99 and a debt-to-equity ratio of 34.76. The business’s 50 day moving average is GBX 2,841.33 and its two-hundred day moving average is GBX 2,777.29. The company has a market cap of £3.80 billion, a PE ratio of 61.33, a price-to-earnings-growth ratio of 1.40 and a beta of 0.96.

Croda International (LON:CRDA) last issued its quarterly earnings data on Tuesday, February 24th. The company reported GBX 146.20 earnings per share for the quarter. Croda International had a net margin of 3.65% and a return on equity of 2.82%. Equities analysts predict that Croda International will post 181.8307268 EPS for the current year.

Insiders Place Their Bets

In other Croda International news, insider Tom Brophy sold 1,020 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of GBX 2,652, for a total transaction of £27,050.40. Also, insider Steve Foots sold 3,622 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 2,606, for a total transaction of £94,389.32. Insiders bought a total of 766 shares of company stock valued at $2,136,858 in the last quarter. Insiders own 0.83% of the company’s stock.

Croda International Company Profile

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.