Croda International Plc’s (CRDA) “Underperform” Rating Reaffirmed at BNP Paribas
Croda International Plc (LON:CRDA)‘s stock had its “underperform” rating restated by research analysts at BNP Paribas in a research report issued to clients and investors on Wednesday. They currently have a GBX 3,000 ($39.16) target price on the stock. BNP Paribas’ price target would indicate a potential downside of 17.56% from the stock’s previous close.
Several other brokerages have also recently commented on CRDA. Deutsche Bank AG raised their price target on shares of Croda International Plc from GBX 3,400 ($44.38) to GBX 3,600 ($46.99) and gave the company a “buy” rating in a research report on Thursday, September 29th. Numis Securities Ltd lifted their price objective on shares of Croda International Plc from GBX 3,236 ($42.24) to GBX 3,419 ($44.63) and gave the stock a “hold” rating in a research report on Monday, August 1st. Liberum Capital reaffirmed a “hold” rating and set a GBX 2,931 ($38.26) price objective on shares of Croda International Plc in a research report on Tuesday, July 26th. Jefferies Group lifted their price objective on shares of Croda International Plc from GBX 3,500 ($45.69) to GBX 3,800 ($49.60) and gave the stock a “buy” rating in a research report on Tuesday, July 19th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Croda International Plc from GBX 3,314 ($43.26) to GBX 3,400 ($44.38) and gave the stock an “overweight” rating in a research report on Wednesday, July 27th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 3,262.86 ($42.59).
Croda International Plc (LON:CRDA) traded up 0.78% during trading on Wednesday, hitting GBX 3639.00. The company had a trading volume of 469,244 shares. The firm’s 50 day moving average is GBX 3,397.31 and its 200-day moving average is GBX 3,184.28. Croda International Plc has a 52-week low of GBX 2,635.00 and a 52-week high of GBX 3,669.00.
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The company also recently declared a dividend, which was paid on Tuesday, October 4th. Stockholders of record on Thursday, September 8th were paid a dividend of GBX 32.75 ($0.43) per share. The ex-dividend date of this dividend was Thursday, September 8th. This represents a dividend yield of 0.99%.
About Croda International Plc
Croda International Plc is engaged in creating, making and selling specialty chemicals. The Company’s segments include Personal Care, Life Sciences, Performance Technologies and Industrial Chemicals. The Personal Care segment focuses on ingredients for skin, hair, sun and color cosmetic products. Its portfolio includes anti-ageing ingredients for skin, conditioning agents for hair care and metal oxides for ultraviolet (UV) filters.
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