Croda International Plc (LON:CRDA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Croda International Plc (LON:CRDA) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to 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 recently weighed in on the stock. Jefferies Financial Group reissued a “hold” rating and set a GBX 3,000 price objective on shares of Croda International in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft cut their target price on shares of 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. Finally, Morgan Stanley raised shares of Croda International to an “overweight” rating and lifted their price target for the stock from GBX 3,280 to GBX 3,350 in a research report on Wednesday, March 25th.

Croda International Price Performance

Shares of CRDA opened at GBX 3,008.85 on Friday. 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 stock has a market cap of £4.19 billion, a P/E ratio of 67.77, a price-to-earnings-growth ratio of 1.40 and a beta of 0.91. The stock’s 50-day moving average price is GBX 2,955.05 and its two-hundred day moving average price is GBX 2,876.88. Croda International has a 1 year low of GBX 2,426.77 and a 1 year high of GBX 3,312.

Insider Buying and Selling

In other Croda International news, insider Steve Foots sold 73 shares of Croda International stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Over the last 90 days, insiders acquired 25 shares of company stock worth $73,400. Company 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.