Croda International Plc (LON:CRDA) Receives GBX 3,140 Average Price Target from Analysts

Croda International Plc (LON:CRDA) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 3,140.

Several research firms have recently commented on CRDA. Morgan Stanley raised Croda International to an “overweight” rating and upped their target price for the company from GBX 3,280 to GBX 3,350 in a research report on Wednesday, March 25th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 3,000 target price on shares of Croda International in a research report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating on the stock in a research report on Tuesday, March 24th.

Croda International Price Performance

Croda International stock opened at GBX 3,052 on Monday. Croda International has a 12 month low of GBX 2,426.77 and a 12 month high of GBX 3,312. The stock’s 50 day moving average is GBX 2,918.62 and its 200-day moving average is GBX 2,840.09. The company has a current ratio of 1.99, a quick ratio of 2.25 and a debt-to-equity ratio of 31.85. The company has a market capitalization of £4.25 billion, a price-to-earnings ratio of 68.74, a PEG ratio of 1.40 and a beta of 0.91.

Insider Activity at Croda International

In related news, insider Tom Brophy sold 1,020 shares of the business’s 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 value of £27,050.40. Also, insider Steve Foots sold 73 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of GBX 2,840, for a total value of £2,073.20. Over the last quarter, insiders purchased 15 shares of company stock valued at $43,750 and sold 4,715 shares valued at $12,351,292. Insiders own 0.83% 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. Sustainability is a core part of the Groups strategy with a commitment to be Climate, Land and People positive by 2030.