Citigroup Issues Pessimistic Forecast for Croda International (LON:CRDA) Stock Price

Croda International (LON:CRDA - Get Free Report) had its price target decreased by Citigroup from GBX 3,550 ($47.16) to GBX 3,300 ($43.84) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The brokerage currently has a "neutral" rating on the stock. Citigroup's target price indicates a potential upside of 8.13% from the company's previous close.

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 3,800 ($50.48) price target on shares of Croda International in a report on Thursday, April 24th.

Croda International Stock Up 1.7 %

Shares of LON:CRDA traded up GBX 52 ($0.69) during midday trading on Tuesday, hitting GBX 3,052 ($40.55). 367,739 shares of the stock were exchanged, compared to its average volume of 1,567,946. The company has a market capitalization of £4.27 billion, a PE ratio of 26.23, a P/E/G ratio of 1.40 and a beta of 0.74. Croda International has a 52-week low of GBX 2,551 ($33.89) and a 52-week high of GBX 4,932 ($65.52). The company has a debt-to-equity ratio of 30.90, a quick ratio of 2.25 and a current ratio of 2.72. The business's fifty day simple moving average is GBX 2,944.66 and its two-hundred day simple moving average is GBX 3,261.17.

Croda International (LON:CRDA - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported GBX 142.60 ($1.89) earnings per share (EPS) for the quarter. Croda International had a net margin of 9.98% and a return on equity of 6.96%. As a group, research analysts predict that Croda International will post 181.8307268 earnings per share for the current fiscal year.

Insider Buying and Selling at Croda International

In related news, insider Tom Brophy sold 380 shares of Croda International stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 2,643 ($35.11), for a total transaction of £10,043.40 ($13,343.16). Also, insider Jacqui Ferguson acquired 155 shares of Croda International stock in a transaction on Monday, March 31st. The stock was purchased at an average price of GBX 2,882 ($38.29) per share, with a total value of £4,467.10 ($5,934.77). Insiders have acquired 570 shares of company stock valued at $1,787,575 in the last 90 days. 0.93% 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.