Croda International (LON:CRDA) Given “Buy” Rating at Berenberg Bank

Croda International (LON:CRDA)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a report issued on Thursday, MarketBeat.com reports. They currently have a GBX 3,800 ($50.60) price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 27.91% from the stock’s current price.

Croda International Price Performance

Croda International stock opened at GBX 2,970.73 ($39.56) on Thursday. The company has a current ratio of 2.72, a quick ratio of 2.25 and a debt-to-equity ratio of 30.90. The company has a market capitalization of £4.15 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 1.40 and a beta of 0.74. The stock’s 50 day moving average is GBX 2,960.54 and its 200-day moving average is GBX 3,294.46. Croda International has a 12 month low of GBX 2,551 ($33.97) and a 12 month high of GBX 4,932 ($65.67).

Croda International (LON:CRDA) last released its quarterly earnings results on Tuesday, February 25th. The company reported GBX 142.60 ($1.90) EPS for the quarter. Croda International had a net margin of 9.98% and a return on equity of 6.96%. Equities research analysts expect that Croda International will post 181.8307268 EPS for the current year.

Insider Buying and Selling at Croda International

In related news, insider Steve Foots sold 3,249 shares of Croda International stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of GBX 2,909 ($38.74), for a total value of £94,513.41 ($125,850.08). Also, insider Jacqui Ferguson acquired 155 shares of the stock in a transaction on Monday, March 31st. The shares were purchased at an average price of GBX 2,882 ($38.38) per share, with a total value of £4,467.10 ($5,948.20). Insiders purchased 570 shares of company stock valued at $1,787,575 in the last three months. Corporate insiders own 0.93% of the company’s stock.

About Croda International

Founded in 1925 with the aim of turning bio-based raw materials into innovative ingredients, Croda International is a speciality chemicals company focused on consumer care and life sciences markets. The company is focused on creating, making and selling innovative ingredients that deliver real benefits to a diverse range of customers and employs more than 6,000 people around the world.