Croda International (LON:CRDA) Price Target Raised to GBX 3,200

Croda International (LON:CRDA) had its price target hoisted by Citigroup from GBX 3,050 to GBX 3,200 in a report released on Wednesday,Digital Look reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,600 target price on shares of Croda International in a report on Wednesday. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 3,000 target price on shares of Croda International in a research note on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,390.

Croda International Price Performance

LON:CRDA opened at GBX 3,205 on Wednesday. The stock has a market capitalization of £4.47 billion, a PE ratio of 72.18, a P/E/G ratio of 1.40 and a beta of 0.92. Croda International has a 1-year low of GBX 2,426.77 and a 1-year high of GBX 3,338. The firm has a fifty day simple moving average of GBX 3,009.44 and a 200 day simple moving average of GBX 2,910.74. The company has a current ratio of 2.57, a quick ratio of 2.25 and a debt-to-equity ratio of 36.06.

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

Insider Buying and Selling at Croda International

In related news, insider Steve Foots sold 73 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total value of £2,073.20. Over the last quarter, insiders purchased 25 shares of company stock worth $72,490. 0.83% of the stock is currently owned by insiders.

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.