Croda International Plc’s “Buy” Rating Reaffirmed at Deutsche Bank (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Tuesday, Analyst RN reports. They currently have a GBX 2,850 ($47.40) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 12.34% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Croda International Plc in a research note on Tuesday. They now have a GBX 2,030 ($33.76) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Croda International Plc in a research note on Tuesday. They now have a GBX 2,700 ($44.90) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Croda International Plc in a research note on Tuesday. They now have a GBX 2,700 ($44.90) price target on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 2,639.29 ($43.89).
Croda International Plc (LON:CRDA) traded up 1.48% during mid-day trading on Tuesday, hitting GBX 2538.00. 699,124 shares of the company’s stock traded hands. Croda International Plc has a 52 week low of GBX 2205.00 and a 52 week high of GBX 2846.00. The stock has a 50-day moving average of GBX 2429.42 and a 200-day moving average of GBX 2483.. The company’s market cap is £3.429 billion.
The company also recently declared a dividend, which is scheduled for Friday, May 30th. Investors of record on Wednesday, April 30th will be given a dividend of GBX 35.50 ($0.59) per share. This represents a yield of 1.39%. The ex-dividend date of this dividend is Wednesday, April 30th.
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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