Croda International Plc Rating Reiterated by Numis Securities Ltd (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “hold” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 2,248 ($38.41) target price on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 3.55% from the stock’s previous close.
Croda International Plc (LON:CRDA) traded down 1.94% during mid-day trading on Tuesday, hitting GBX 2171.00. The stock had a trading volume of 576,511 shares. Croda International Plc has a one year low of GBX 2095.00 and a one year high of GBX 2761.00. The stock has a 50-day moving average of GBX 2327.59 and a 200-day moving average of GBX 2448.. The company’s market cap is £2.924 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, September 30th. Investors of record on Wednesday, August 27th will be given a dividend of GBX 29.50 ($0.50) per share. This represents a yield of 1.36%. The ex-dividend date of this dividend is Wednesday, August 27th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of Croda International Plc in a research note on Monday. They now have a GBX 2,000 ($34.18) price target on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of Croda International Plc from GBX 2,850 ($48.70) to GBX 2,700 ($46.14) in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Barclays downgraded shares of Croda International Plc to an “underweight” rating in a research note on Thursday, July 17th. They now have a GBX 2,100 ($35.89) price target on the stock, down previously from GBX 2,330 ($39.82). Four analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. Croda International Plc has an average rating of “Hold” and a consensus price target of GBX 2,468.71 ($42.19).
Croda International Plc is a marketing and technology company that produces and sells speciality chemicals.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.