Jefferies Financial Group Reaffirms “Buy” Rating for Croda International (LON:CRDA)

Croda International (LON:CRDA)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 4,000 price target on the stock. Jefferies Financial Group‘s target price indicates a potential upside of 7.64% from the stock’s current price.

CRDA has been the subject of several other research reports. Citigroup upped their price target on shares of Croda International from GBX 3,050 to GBX 3,200 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Berenberg Bank reissued a “buy” rating and set a GBX 3,600 target price on shares of Croda International in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 3,300 target price on shares of Croda International in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,490.

Croda International Price Performance

Shares of LON CRDA opened at GBX 3,716 on Thursday. The company has a debt-to-equity ratio of 36.06, a current ratio of 2.57 and a quick ratio of 2.25. The firm has a market capitalization of £5.18 billion, a PE ratio of 65.31, a P/E/G ratio of 1.40 and a beta of 0.92. Croda International has a 1-year low of GBX 2,488 and a 1-year high of GBX 3,784. The business’s fifty day moving average price is GBX 3,403.49 and its two-hundred day moving average price is GBX 3,068.75.

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.