Deutsche Bank Reiterates Buy Rating for Croda International (CRDA)
Croda International (LON:CRDA)‘s stock had its “buy” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. They currently have a GBX 2,850 ($46.97) target price on the stock. Deutsche Bank’s target price indicates a potential upside of 18.16% from the company’s current price.
A number of other firms have also recently commented on CRDA. Analysts at Berenberg Bank cut their price target on shares of Croda International from GBX 3,100 ($51.09) to GBX 2,850 ($46.97) in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Separately, 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. Finally, 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. Three analysts have rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Croda International currently 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 1-year low of GBX 2205.00 and a 1-year high of GBX 2846.00. The stock has a 50-day moving average of GBX 2369. and a 200-day moving average of 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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