Croda International’s (CRDA) “Buy” Rating Reiterated at Jefferies Financial Group

Croda International (LON:CRDA)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a report released on Friday, September 25th, Digital Look reports. They currently have a GBX 4,000 target price on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 22.03% from the company’s previous close.

A number of other research firms also recently commented on CRDA. Berenberg Bank reiterated a “buy” rating and set a GBX 3,600 target price on shares of Croda International in a research report on Wednesday, July 29th. Citigroup raised their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 3,300 price target on shares of Croda International in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Croda International presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,490.

Croda International Price Performance

Shares of LON:CRDA traded up GBX 4 during trading on Friday, hitting GBX 3,278. 414,923 shares of the stock were exchanged, compared to its average volume of 4,568,784. The company has a fifty day moving average price of GBX 3,265.86 and a two-hundred day moving average price of GBX 3,040.36. The company has a market cap of £4.57 billion, a PE ratio of 57.61, a P/E/G ratio of 1.40 and a beta of 0.92. 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 has a 12-month low of GBX 2,488 and a 12-month high of GBX 3,520.24.

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

Insider Buying and Selling at Croda International

In related news, insider Stephen Oxley sold 1,339 shares of Croda International stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of GBX 3,214, for a total transaction of £43,035.46. Over the last three months, insiders have purchased 29 shares of company stock worth $90,842. 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.