Croda International’s (CRDA) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Croda International (LON:CRDA) in a report published on Wednesday,Digital Look reports. The brokerage currently has a GBX 3,600 price target on the stock.

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 3,000 target price on shares of Croda International in a report on Wednesday, April 22nd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Croda International has an average rating of “Moderate Buy” and a consensus price target of GBX 3,390.

Croda International Stock Down 2.0%

LON:CRDA opened at GBX 3,205 on Wednesday. Croda International has a 12-month low of GBX 2,426.77 and a 12-month high of GBX 3,338. The company has a quick ratio of 2.25, a current ratio of 2.57 and a debt-to-equity ratio of 36.06. The firm has a market capitalization of £4.47 billion, a P/E ratio of 72.18, a P/E/G ratio of 1.40 and a beta of 0.92. The stock’s fifty day simple moving average is GBX 3,009.44 and its 200-day simple moving average is GBX 2,910.74.

Croda International (LON:CRDA) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 72.20 EPS for the quarter. Croda International had a return on equity of 3.65% and a net margin of 4.61%. Equities research analysts expect that Croda International will post 181.8307268 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Steve Foots sold 73 shares of Croda International stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Insiders have acquired 25 shares of company stock valued at $72,490 in the last quarter. Company insiders own 0.83% of the company’s stock.

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.