Croda International’s Buy Rating Reaffirmed at Bank of America Corp. (CRDA)
Croda International (LON:CRDA)‘s stock had its “buy” rating restated by equities research analysts at Bank of America Corp. in a research note issued to investors on Wednesday, Stock Ratings News reports. They currently have a GBX 2,870 ($46.05) price target on the stock. Bank of America Corp.’s target price would indicate a potential upside of 11.67% from the stock’s previous close.
Croda International (LON:CRDA) traded down 1.87% on Wednesday, hitting GBX 2570.00. 189,422 shares of the company’s stock traded hands. Croda International has a 52 week low of GBX 1998.0499 and a 52 week high of GBX 2846.00. The stock has a 50-day moving average of GBX 2603.13 and a 200-day moving average of GBX 2569.31. The company’s market cap is £3.472 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Croda International in a research note to investors on Tuesday. They now have a GBX 3,200 ($51.34) price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Croda International from GBX 2,520 ($40.43) to GBX 2,600 ($41.71) in a research note to investors on Thursday, October 3rd. They now have an “underweight” rating on the stock. Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of Croda International in a research note to investors on Thursday, October 3rd. They now have a GBX 3,100 ($49.74) price target on the stock. Four research analysts have rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 2,651.78 ($42.54).
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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