Croda International (LON:CRDA) Stock Rating Reaffirmed as "Buy" by Jefferies Financial Group

Key Points

• Jefferies reaffirmed its “Buy” rating on Croda International and maintained a GBX 4,000 price target, implying 23.61% potential upside.
• Analyst sentiment is broadly positive: Croda has an overall “Moderate Buy” rating and an average price target of GBX 3,490, with three Buy ratings and two Holds.
• Shares opened at GBX 3,235.86, compared with a 12-month range of GBX 2,488 to GBX 3,520.24; the company recently reported quarterly EPS of GBX 72.20.

Croda International (LON:CRDA - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Jefferies Financial Group in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 4,000 target price on the stock. Jefferies Financial Group's price target points to a potential upside of 23.61% from the stock's current price.

A number of other analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 3,300 price target on shares of Croda International in a report on Wednesday, July 29th. Citigroup lifted their target price on Croda International from GBX 3,050 to GBX 3,200 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 3,600 price target on shares of Croda International in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Croda International has an average rating of "Moderate Buy" and an average price target of GBX 3,490.

Croda International Stock Performance

Shares of LON CRDA opened at GBX 3,235.86 on Friday. Croda International has a 12 month low of GBX 2,488 and a 12 month high of GBX 3,520.24. The company has a market cap of £4.51 billion, a P/E ratio of 56.87, a P/E/G ratio of 1.40 and a beta of 0.92. The business's 50 day moving average is GBX 3,229.68 and its two-hundred day moving average is GBX 3,021.56. 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 - Get Free Report) last posted 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 expect that Croda International will post 181.8307268 EPS for the current year.

Insider Buying and Selling

In other Croda International 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. Insiders have bought a total of 29 shares of company stock worth $90,842 in the last three months. 0.83% of the stock is 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.

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