Credit Suisse Group Increases Croda International (CRDA) Price Target to GBX 3,600
Croda International (LON:CRDA) had its target price lifted by Credit Suisse Group from GBX 3,400 ($46.97) to GBX 3,600 ($49.74) in a report issued on Wednesday morning. The brokerage currently has an underperform rating on the stock.
A number of other research analysts have also recently commented on CRDA. Liberum Capital reaffirmed a hold rating and set a GBX 4,300 ($59.41) price target (up previously from GBX 3,500 ($48.36)) on shares of Croda International in a research report on Tuesday, October 31st. JPMorgan Chase & Co. upped their price target on Croda International from GBX 3,800 ($52.50) to GBX 4,225 ($58.37) and gave the company an overweight rating in a research report on Wednesday, November 1st. Deutsche Bank reaffirmed a hold rating and set a GBX 3,600 ($49.74) price target on shares of Croda International in a research report on Wednesday, November 1st. Jefferies Group cut Croda International to a hold rating and upped their price target for the company from GBX 4,500 ($62.17) to GBX 4,700 ($64.94) in a research report on Thursday, January 4th. Finally, Barclays upped their price target on Croda International from GBX 4,000 ($55.26) to GBX 4,700 ($64.94) and gave the company an overweight rating in a research report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. Croda International has a consensus rating of Hold and an average price target of GBX 4,317 ($59.64).
Croda International (CRDA) opened at GBX 4,456 ($61.56) on Wednesday. Croda International has a 1 year low of GBX 3,442 ($47.55) and a 1 year high of GBX 4,646.12 ($64.19). The company has a market capitalization of $5,850.00 and a price-to-earnings ratio of 2,489.39.
The business also recently disclosed a dividend, which will be paid on Thursday, May 31st. Investors of record on Thursday, April 19th will be issued a dividend of GBX 46 ($0.64) per share. This is a boost from Croda International’s previous dividend of $35.00. The ex-dividend date is Thursday, April 19th. This represents a yield of 1%.
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About Croda International
Croda International Plc creates, makes and sells specialty chemicals. It operates through four segments. The Personal Care segment focuses on ingredients for skin, hair, sun and color cosmetic products. Its portfolio includes anti-ageing ingredients for skin, conditioning agents for hair care and metal oxides for ultraviolet (UV) filters.
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