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

Croda International (LON:CRDA)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 4,000 price objective on the stock. Jefferies Financial Group’s price objective points to a potential upside of 23.61% from the stock’s current price.

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

Croda International Trading Up 0.3%

LON:CRDA traded up GBX 9 during trading hours on Friday, reaching GBX 3,236. 330,910 shares of the stock were exchanged, compared to its average volume of 4,675,944. Croda International has a twelve month low of GBX 2,488 and a twelve month high of GBX 3,520.24. The business has a 50-day moving average of GBX 3,235.84 and a two-hundred day moving average of GBX 3,023.06. The company has a market capitalization of £4.51 billion, a price-to-earnings ratio of 56.87, a PEG ratio of 1.40 and a beta of 0.92. The company has a quick ratio of 2.25, a current ratio of 2.57 and a debt-to-equity ratio of 36.06.

Croda International (LON:CRDA) last issued its quarterly earnings data 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, equities analysts predict that Croda International will post 181.8307268 EPS for the current year.

Insider Activity

In related news, insider Stephen Oxley sold 1,339 shares of Croda International stock in a transaction on Monday, August 3rd. The stock was sold at an average price of GBX 3,214, for a total value of £43,035.46. Insiders acquired 29 shares of company stock valued at $90,842 in the last 90 days. 0.83% of the stock is currently owned by company 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.