Croda International Plc (LON:CRDA) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Croda International Plc (LON:CRDA) have received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 3,140.

CRDA has been the subject of several research analyst reports. Jefferies Financial Group reissued a “hold” rating and set a GBX 3,000 price objective on shares of Croda International in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft dropped their price objective on Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating for the company in a research note on Tuesday, March 24th. Finally, Morgan Stanley raised Croda International to an “overweight” rating and lifted their price objective for the company from GBX 3,280 to GBX 3,350 in a research note on Wednesday, March 25th.

Insider Activity

In other Croda International news, insider Tom Brophy sold 1,020 shares of Croda International stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of GBX 2,652, for a total transaction of £27,050.40. Also, insider Steve Foots sold 73 shares of Croda International stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total value of £2,073.20. In the last ninety days, insiders have acquired 21 shares of company stock valued at $60,538 and have sold 4,715 shares valued at $12,351,292. Insiders own 0.83% of the company’s stock.

Croda International Price Performance

Shares of LON CRDA opened at GBX 2,874 on Monday. The stock has a market cap of £4.01 billion, a PE ratio of 64.73, a price-to-earnings-growth ratio of 1.40 and a beta of 0.91. Croda International has a fifty-two week low of GBX 2,426.77 and a fifty-two week high of GBX 3,312. The company has a debt-to-equity ratio of 31.85, a quick ratio of 2.25 and a current ratio of 1.99. The stock has a fifty day moving average of GBX 2,905.76 and a 200-day moving average of GBX 2,831.14.

Croda International Company Profile

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.