Berenberg Bank Reaffirms Hold Rating for Croda International Plc (CRDA)
Croda International Plc (LON:CRDA)‘s stock had its “hold” rating reissued by equities researchers at Berenberg Bank in a note issued to investors on Thursday. They currently have a GBX 3,750 ($48.43) target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 1.00% from the stock’s current price.
Other equities research analysts also recently issued reports about the stock. Deutsche Bank AG reissued a “hold” rating and issued a GBX 3,600 ($46.49) price target on shares of Croda International Plc in a report on Wednesday, July 26th. Barclays PLC increased their price target on shares of Croda International Plc from GBX 3,900 ($50.37) to GBX 4,000 ($51.66) and gave the stock an “overweight” rating in a report on Monday, July 10th. Finally, UBS AG began coverage on shares of Croda International Plc in a report on Monday, August 21st. They issued a “buy” rating and a GBX 4,200 ($54.24) price target on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 3,676.46 ($47.48).
Croda International Plc (LON CRDA) traded down 1.02% during trading on Thursday, reaching GBX 3675.00. 543,642 shares of the company’s stock traded hands. The company’s 50 day moving average is GBX 3,804.22 and its 200-day moving average is GBX 3,783.98. The stock’s market cap is GBX 4.76 billion. Croda International Plc has a 52-week low of GBX 3,066.00 and a 52-week high of GBX 4,025.00.
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.
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