Sanford C. Bernstein Boosts Croda International (LON:CRDA) Price Target to GBX 4,700
Croda International (LON:CRDA) had its price target raised by Sanford C. Bernstein from GBX 4,600 ($60.51) to GBX 4,700 ($61.83) in a research note published on Monday, Stock Target Advisor reports. Sanford C. Bernstein currently has a market perform rating on the stock.
Several other equities research analysts have also weighed in on the company. Liberum Capital lowered Croda International to a hold rating and decreased their price objective for the stock from GBX 4,500 ($59.19) to GBX 4,400 ($57.88) in a report on Monday, November 18th. Citigroup reissued a neutral rating on shares of Croda International in a report on Tuesday, December 3rd. UBS Group reissued a neutral rating and issued a GBX 5,100 ($67.09) price objective on shares of Croda International in a report on Monday, November 25th. Jefferies Financial Group reissued a hold rating on shares of Croda International in a report on Wednesday, November 20th. Finally, Goldman Sachs Group lifted their price objective on Croda International from GBX 4,400 ($57.88) to GBX 4,625 ($60.84) and gave the stock a sell rating in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 4,801.92 ($63.17).
Shares of CRDA opened at GBX 5,035 ($66.23) on Monday. The business has a 50-day moving average of GBX 5,002.62 and a 200 day moving average of GBX 4,847.90. Croda International has a fifty-two week low of GBX 48.62 ($0.64) and a fifty-two week high of GBX 5,415 ($71.23). The firm has a market cap of $6.48 billion and a P/E ratio of 27.51. The company has a debt-to-equity ratio of 78.01, a quick ratio of 0.93 and a current ratio of 1.74.
Croda International Company Profile
Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.
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