Croda International Downgraded by JPMorgan Chase & Co. to Neutral (CRDA)
Croda International (LON:CRDA) was downgraded by stock analysts at JPMorgan Chase & Co. to a “neutral” rating in a report issued on Friday, American Banking and Market News reports.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital downgraded shares of Croda International from a “buy” rating to a “hold” rating in a research note to investors on Friday. They now have a GBX 2,480 ($39.79) price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Croda International from GBX 2,370 ($38.02) to GBX 2,510 ($40.27) in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Croda International in a research note to investors on Wednesday. They now have a GBX 3,000 ($48.13) price target on the stock. Three analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 2,626.59 ($42.14).
Shares of Croda International (LON:CRDA) traded down 4.61% during mid-day trading on Friday, hitting GBX 2482.00. The stock had a trading volume of 752,251 shares. 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 £3.353 billion.
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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