Croda International Plc Given “Outperform” Rating at BNP Paribas (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Thursday. They currently have a GBX 2,820 ($47.99) target price on the stock. BNP Paribas’ price target suggests a potential upside of 33.90% from the company’s current price.
Shares of Croda International Plc (LON:CRDA) traded up 3.04% during mid-day trading on Thursday, hitting GBX 2170.00. The stock had a trading volume of 484,462 shares. Croda International Plc has a 1-year low of GBX 2147.00 and a 1-year high of GBX 2761.00. The stock’s 50-day moving average is GBX 2504.42 and its 200-day moving average is GBX 2469.61. The company’s market cap is £2.923 billion.
A number of other analysts have also recently weighed in on CRDA. Analysts at HSBC reiterated an “overweight” rating on shares of Croda International Plc in a research note on Wednesday. They now have a GBX 2,600 ($44.25) price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Croda International Plc from GBX 2,030 ($34.55) to GBX 1,950 ($33.19) in a research note on Wednesday. They now have a “sell” rating on the stock. Finally, analysts at Numis Securities Ltd cut their price target on shares of Croda International Plc from GBX 2,554 ($43.46) to GBX 2,248 ($38.26) in a research note on Wednesday. They now have a “hold” rating on the stock. Three analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 2,571.06 ($43.76).
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
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