Croda International (CRDA) Receives Buy Rating from HSBC
Other research analysts also recently issued reports about the company. Deutsche Bank increased their price objective on Croda International from GBX 4,600 ($60.11) to GBX 4,800 ($62.72) and gave the stock a hold rating in a report on Tuesday, October 2nd. Goldman Sachs Group reiterated a neutral rating on shares of Croda International in a report on Monday. UBS Group reiterated a buy rating and set a GBX 5,400 ($70.56) price objective (down from GBX 5,450 ($71.21)) on shares of Croda International in a report on Friday, November 2nd. Liberum Capital reiterated a hold rating on shares of Croda International in a report on Wednesday, October 3rd. Finally, Citigroup upgraded Croda International to a neutral rating in a report on Wednesday, September 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of GBX 4,781.25 ($62.48).
Shares of LON:CRDA traded down GBX 43 ($0.56) during mid-day trading on Thursday, reaching GBX 4,693 ($61.32). 154,780 shares of the stock were exchanged, compared to its average volume of 455,652. Croda International has a one year low of GBX 3,461 ($45.22) and a one year high of GBX 4,668 ($61.00).
Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The company offers adhesives; crop protection additives and adjuvants, specialty additives for agricultural films, and seed enhancement and animal health chemicals; lubricant additives, specialty additives for plastics, coatings and polymers, advanced materials, and vehicle cleaning chemicals; and specialty ingredients for skin care, hair care, sun care, self-tanning, color cosmetics, body care, bath and shower, deodorants, anti-perspirants, depilatories, men's grooming, oral hygiene, and baby care applications.
See Also: What is cost of equity?
Receive News & Ratings for Croda International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Croda International and related companies with MarketBeat.com's FREE daily email newsletter.