Croda International (LON:CRDA) Cut to Equal weight at Barclays

Barclays cut shares of Croda International (LON:CRDA) to an equal weight rating in a report issued on Monday morning, Stock Target Advisor reports. They currently have GBX 5,000 ($65.77) price objective on the stock, down from their previous price objective of GBX 5,300 ($69.72).

Other equities analysts also recently issued research reports about the stock. Morgan Stanley reiterated an overweight rating and set a GBX 5,275 ($69.39) target price on shares of Croda International in a research note on Tuesday, October 1st. Liberum Capital downgraded shares of Croda International to a hold rating and lowered their target price for the stock from GBX 4,500 ($59.19) to GBX 4,400 ($57.88) in a research note on Monday, November 18th. Jefferies Financial Group reiterated a hold rating on shares of Croda International in a research note on Wednesday, November 20th. Goldman Sachs Group downgraded shares of Croda International to a sell rating in a research note on Tuesday, September 3rd. Finally, UBS Group reiterated a neutral rating and set a GBX 5,100 ($67.09) target price on shares of Croda International in a research note on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 4,861.36 ($63.95).

LON:CRDA opened at GBX 4,900 ($64.46) on Monday. The company has a fifty day simple moving average of GBX 4,851.24 and a two-hundred day simple moving average of GBX 4,870.62. The company has a market cap of $6.28 billion and a price-to-earnings ratio of 26.78. The company has a quick ratio of 0.93, a current ratio of 1.74 and a debt-to-equity ratio of 78.01. Croda International has a 52 week low of GBX 48.62 ($0.64) and a 52 week high of GBX 5,415 ($71.23).

In other Croda International news, insider Tom Brophy sold 682 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of GBX 4,810 ($63.27), for a total value of £32,804.20 ($43,152.07).

About Croda International

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.

Read More: Example of operating income, EBIT and EBITDA

Analyst Recommendations for Croda International (LON:CRDA)

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