Croda International Plc (LON:CRDA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Croda International Plc (LON:CRDA) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given 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 3,230.

A number of brokerages have weighed in on CRDA. Jefferies Financial Group reissued a “hold” rating and set a GBX 3,000 price target on shares of Croda International in a research report on Wednesday, April 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,600 price objective on shares of Croda International in a research report on Wednesday. Finally, Citigroup lifted their target price on Croda International from GBX 3,050 to GBX 3,200 and gave the stock a “neutral” rating in a research note on Wednesday.

Croda International Stock Performance

Shares of LON:CRDA opened at GBX 3,160 on Wednesday. Croda International has a 52-week low of GBX 2,426.77 and a 52-week high of GBX 3,312. The company has a market capitalization of £4.40 billion, a P/E ratio of 71.17, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The company has a 50-day simple moving average of GBX 2,989.04 and a 200 day simple moving average of GBX 2,900.62. The company has a debt-to-equity ratio of 31.85, a quick ratio of 2.25 and a current ratio of 1.99.

Insider Transactions at Croda International

In other Croda International news, insider Steve Foots sold 73 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Over the last three months, insiders acquired 25 shares of company stock worth $72,490. Company 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.