Croda International Plc (CRDA) PT Raised to GBX 3,500 at Credit Suisse Group AG
Croda International Plc (LON:CRDA) had its price objective hoisted by analysts at Credit Suisse Group AG from GBX 3,200 ($39.60) to GBX 3,500 ($43.32) in a report released on Thursday. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group AG’s price target points to a potential downside of 4.48% from the stock’s current price.
Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised their price objective on Croda International Plc from GBX 3,314 ($41.01) to GBX 3,400 ($42.08) and gave the stock an “overweight” rating in a research note on Wednesday, July 27th. Liberum Capital reaffirmed a “hold” rating and set a GBX 2,931 ($36.27) price objective on shares of Croda International Plc in a research note on Tuesday, July 26th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 3,050 ($37.75) price objective on shares of Croda International Plc in a research note on Monday, June 20th. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 3,380 ($41.83) price objective on shares of Croda International Plc in a research note on Friday, July 1st. Finally, Numis Securities Ltd lifted their price target on Croda International Plc from GBX 3,236 ($40.05) to GBX 3,419 ($42.31) and gave the company a “hold” rating in a research note on Monday, August 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 3,284.29 ($40.65).
Shares of Croda International Plc (LON:CRDA) traded up 0.30% during mid-day trading on Thursday, reaching GBX 3664.00. The company had a trading volume of 329,009 shares. The firm’s 50-day moving average is GBX 3,427.86 and its 200 day moving average is GBX 3,200.49. Croda International Plc has a 12 month low of GBX 2,635.00 and a 12 month high of GBX 3,669.00.
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The firm also recently declared a dividend, which was paid on Tuesday, October 4th. Investors of record on Thursday, September 8th were issued a dividend of GBX 32.75 ($0.41) per share. This represents a yield of 0.99%. The ex-dividend date was Thursday, September 8th.
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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