Deutsche Bank AG Boosts Croda International Plc (LON:CRDA) Price Target to GBX 3,600
Croda International Plc (LON:CRDA) had its target price upped by research analysts at Deutsche Bank AG from GBX 3,500 ($44.52) to GBX 3,600 ($45.79) in a research report issued on Friday. The firm currently has a “hold” rating on the stock. Deutsche Bank AG’s target price suggests a potential downside of 7.34% from the company’s previous close.
Several other research analysts have also recently commented on CRDA. Societe Generale reiterated a “hold” rating and issued a GBX 3,700 ($47.06) price target on shares of Croda International Plc in a research note on Thursday, March 2nd. BNP Paribas reissued a “neutral” rating and issued a GBX 3,400 ($43.25) price objective on shares of Croda International Plc in a report on Wednesday, March 22nd. Credit Suisse Group lowered Croda International Plc to an “underperform” rating and set a GBX 3,300 ($41.97) price objective for the company. in a report on Wednesday, April 5th. Liberum Capital reissued a “hold” rating and issued a GBX 3,500 ($44.52) price objective on shares of Croda International Plc in a report on Wednesday, April 26th. Finally, J P Morgan Chase & Co boosted their price objective on Croda International Plc from GBX 3,600 ($45.79) to GBX 3,800 ($48.33) and gave the company an “overweight” rating in a report on Thursday, April 27th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 3,591 ($45.68).
Croda International Plc (LON:CRDA) traded up 0.65% on Friday, reaching GBX 3885.00. The company had a trading volume of 428,807 shares. Croda International Plc has a 12 month low of GBX 3,066.00 and a 12 month high of GBX 4,025.00. The stock has a 50 day moving average of GBX 3,944.57 and a 200 day moving average of GBX 3,580.11.
ILLEGAL ACTIVITY WARNING: “Deutsche Bank AG Boosts Croda International Plc (LON:CRDA) Price Target to GBX 3,600” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.americanbankingnews.com/2017/07/01/deutsche-bank-ag-boosts-croda-international-plc-loncrda-price-target-to-gbx-3600.html.
In other news, insider Steve Foots sold 9,749 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of GBX 3,934 ($50.04), for a total transaction of £383,525.66 ($487,822.00).
About Croda International Plc
Croda International Plc creates, makes and sells specialty chemicals. It operates through four segments. 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.
Receive News & Ratings for Croda International Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Croda International Plc and related companies with MarketBeat.com's FREE daily email newsletter.