Croda International Plc Given “Outperform” Rating at Credit Suisse (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse in a research report issued on Wednesday. They currently have a GBX 2,800 ($46.94) target price on the stock. Credit Suisse’s price objective points to a potential upside of 8.77% from the company’s current price.
Shares of Croda International Plc (LON:CRDA) opened at 2566.00 on Wednesday. Croda International Plc has a 52 week low of GBX 2205.00 and a 52 week high of GBX 2761.00. The stock’s 50-day moving average is GBX 2564. and its 200-day moving average is GBX 2459.. The company’s market cap is £3.456 billion.
CRDA has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Croda International Plc in a research note on Thursday, May 29th. They now have a GBX 2,530 ($42.41) price target on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of Croda International Plc from GBX 3,030 ($50.80) to GBX 3,200 ($53.65) in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Croda International Plc in a research note on Thursday, May 15th. They now have a GBX 2,380 ($39.90) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 2,665 ($44.68).
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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