Croda International Plc (LON:CRDA) Receives Average Rating of “Moderate Buy” from Analysts

Croda International Plc (LON:CRDA) has been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,140.

Several research analysts have issued reports on CRDA shares. Deutsche Bank Aktiengesellschaft cut their price target on Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating on the stock in a report on Tuesday, March 24th. Morgan Stanley upgraded Croda International to an “overweight” rating and increased their price target for the stock from GBX 3,280 to GBX 3,350 in a report on Wednesday, March 25th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 3,000 price target on shares of Croda International in a report on Wednesday, April 22nd.

Insider Buying and Selling

In related news, insider Tom Brophy sold 1,020 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 2,652, for a total transaction of £27,050.40. Also, insider Steve Foots sold 3,622 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of GBX 2,606, for a total value of £94,389.32. In the last 90 days, insiders bought 21 shares of company stock worth $60,538 and sold 4,715 shares worth $12,351,292. 0.83% of the stock is owned by company insiders.

Croda International Trading Down 0.9%

Shares of CRDA stock opened at GBX 2,874 on Monday. The stock has a market cap of £4.01 billion, a price-to-earnings ratio of 64.73, a PEG ratio of 1.40 and a beta of 0.91. The stock has a 50-day moving average of GBX 2,905.76 and a 200-day moving average of GBX 2,831.14. The company has a current ratio of 1.99, a quick ratio of 2.25 and a debt-to-equity ratio of 31.85. Croda International has a 1-year low of GBX 2,426.77 and a 1-year high of GBX 3,312.

Croda International Company Profile

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. Sustainability is a core part of the Groups strategy with a commitment to be Climate, Land and People positive by 2030.