Croda International Downgraded by Liberum Capital to “Hold” (CRDA)
Croda International (LON:CRDA) was downgraded by Liberum Capital from a “buy” rating to a “hold” rating in a research note issued on Friday, Analyst Ratings Network.com reports. They currently have a GBX 2,480 ($39.79) price target on the stock. Liberum Capital’s price objective points to a potential downside of 4.69% from the company’s current price.
CRDA has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Croda International in a research note to investors on Wednesday. They now have a GBX 2,870 ($46.05) price target on the stock. Three analysts have rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 2,626.59 ($42.14).
Croda International (LON:CRDA) traded down 4.80% on Friday, hitting GBX 2477.00. The stock had a trading volume of 1,011,693 shares. Croda International has a 1-year low of GBX 1998.0499 and a 1-year high of GBX 2846.00. The stock’s 50-day moving average is GBX 2603.13 and its 200-day moving average is GBX 2569.31. The company’s market cap is £3.346 billion.
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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