Croda International Plc Receives “Sell” Rating from Canaccord Genuity (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “sell” rating reaffirmed by stock analysts at Canaccord Genuity in a report issued on Wednesday. They currently have a GBX 1,950 ($32.71) target price on the stock. Canaccord Genuity’s target price would suggest a potential downside of 10.18% from the stock’s previous close.
A number of other firms have also recently commented on CRDA. Analysts at Liberum Capital reiterated a “sell” rating on shares of Croda International Plc in a research note on Monday, August 4th. They now have a GBX 2,000 ($33.55) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Croda International Plc in a research note on Wednesday, July 23rd. They now have a GBX 2,820 ($47.31) price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Croda International Plc from GBX 2,800 ($46.97) to GBX 2,750 ($46.13) in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 2,435.18 ($40.85).
Shares of Croda International Plc (LON:CRDA) opened at 2158.00 on Wednesday. Croda International Plc has a 1-year low of GBX 2076.00 and a 1-year high of GBX 2761.00. The stock has a 50-day moving average of GBX 2183. and a 200-day moving average of GBX 2419.66. The company’s market cap is £2.924 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Wednesday, August 27th will be given a dividend of GBX 29.50 ($0.49) per share. This represents a yield of 1.36%. The ex-dividend date of this dividend is Wednesday, August 27th.
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.