Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Croda International (LON:CRDA) Stock Price

Key Points

• Deutsche Bank cut its price target on Croda to GBX 3,000 (from GBX 3,100) and kept a "hold" rating, implying roughly a 10.17% upside from the prior close.
• Croda opened at GBX 2,723, trading below its 50‑day moving average (GBX 2,841.33); the stock has a market cap of £3.80 billion, a high P/E of 61.33, and a 52‑week range of GBX 2,426.77–3,312.
• Insider activity was mixed: Tom Brophy sold 1,020 shares at GBX 2,652 while Danuta Gray bought 750 shares at GBX 2,788, and insiders have acquired 766 shares in the last 90 days, owning 0.83% of the company.

Croda International (LON:CRDA - Get Free Report) had its price target decreased by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 3,100 to GBX 3,000 in a research report issued on Tuesday,Digital Look reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential upside of 10.17% from the stock's previous close.

Croda International Trading Up 1.0%

LON:CRDA opened at GBX 2,723 on Tuesday. The stock's 50 day moving average price is GBX 2,841.33 and its 200 day moving average price is GBX 2,777.29. Croda International has a 52 week low of GBX 2,426.77 and a 52 week high of GBX 3,312. The company has a market capitalization of £3.80 billion, a P/E ratio of 61.33, a P/E/G ratio of 1.40 and a beta of 0.96. The company has a debt-to-equity ratio of 34.76, a quick ratio of 2.25 and a current ratio of 1.99.

Croda International (LON:CRDA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported GBX 146.20 earnings per share for the quarter. Croda International had a net margin of 3.65% and a return on equity of 2.82%. On average, research analysts forecast that Croda International will post 181.8307268 EPS for the current fiscal year.

Insider Activity

In related news, insider Tom Brophy sold 1,020 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of GBX 2,652, for a total value of £27,050.40. Also, insider Danuta Gray bought 750 shares of the stock in a transaction on Friday, March 6th. The shares were acquired at an average cost of GBX 2,788 per share, for a total transaction of £20,910. In the last 90 days, insiders have acquired 766 shares of company stock worth $2,136,858. 0.83% of the stock is owned by corporate 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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