Barclays Reiterates “Equal Weight” Rating for Croda International Plc (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “equal weight” rating reiterated by equities research analysts at Barclays in a research note issued to investors on Wednesday, AnalystRatingsNetwork reports. They currently have a GBX 2,600 ($43.24) price objective on the stock. Barclays’ target price suggests a potential upside of 2.97% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of Croda International Plc in a research note on Wednesday. They now have a GBX 2,100 ($34.92) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Croda International Plc in a research note on Tuesday. They now have a GBX 2,850 ($47.40) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Croda International Plc in a research note on Tuesday. They now have a GBX 2,850 ($47.40) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. Croda International Plc currently has a consensus rating of “Buy” and an average target price of GBX 2,672.62 ($44.45).
Croda International Plc (LON:CRDA) traded down 0.43% during mid-day trading on Wednesday, hitting GBX 2527.00. 414,084 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 2431. and a 200-day moving average of GBX 2483.64. The company’s market cap is £3.414 billion.
The company also recently declared a dividend, which is scheduled for Friday, May 30th. Shareholders 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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