Croda International Plc (LON:CRDA) Receives GBX 3,140 Average Price Target from Analysts

Croda International Plc (LON:CRDA) has received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 3,140.

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

Insiders Place Their Bets

In other news, insider Tom Brophy sold 1,020 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 2,652, for a total transaction of £27,050.40. Also, insider Danuta Gray acquired 750 shares of Croda International stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of GBX 2,788 per share, with a total value of £20,910. In the last three months, insiders have acquired 771 shares of company stock valued at $2,151,538 and have sold 4,715 shares valued at $12,351,292. Company insiders own 0.83% of the company’s stock.

Croda International Trading Up 0.3%

Shares of CRDA stock opened at GBX 2,786 on Thursday. 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 31.85. The business’s 50 day moving average is GBX 2,833.49 and its two-hundred day moving average is GBX 2,817.33. The company has a market cap of £3.88 billion, a PE ratio of 62.75, a price-to-earnings-growth ratio of 1.40 and a beta of 0.90.

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.

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.