Croda International Price Target Cut to GBX 2,850 by Analysts at Berenberg Bank (CRDA)
Equities research analysts at Berenberg Bank lowered their price target on shares of Croda International (LON:CRDA) from GBX 3,100 ($51.09) to GBX 2,850 ($46.97) in a research note issued to investors on Monday, Analyst RN reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 18.16% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Croda International in a research note to investors on Thursday, January 9th. They now have a GBX 2,030 ($33.45) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Croda International in a research note to investors on Wednesday, December 18th. They now have a GBX 3,050 ($50.26) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Croda International in a research note to investors on Friday, December 13th. They now have a GBX 2,600 ($42.85) price target on the stock. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 2,607.95 ($42.98).
Croda International (LON:CRDA) opened at 2412.00 on Monday. Croda International has a one year low of GBX 2205.00 and a one year high of GBX 2846.00. The stock’s 50-day moving average is GBX 2369. and its 200-day moving average is GBX 2499.63. The company’s market cap is £3.258 billion.
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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