Croda International (LON:CRDA) Price Target Cut to GBX 4,025
Croda International (LON:CRDA) had its price objective decreased by equities researchers at JPMorgan Chase & Co. from GBX 4,500 ($59.19) to GBX 4,025 ($52.95) in a report released on Tuesday, Stock Target Advisor reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential downside of 4.53% from the stock’s previous close.
A number of other research firms have also recently weighed in on CRDA. Bank of America upped their price target on shares of Croda International from GBX 4,400 ($57.88) to GBX 4,625 ($60.84) and gave the stock a “sell” rating in a research note on Wednesday, January 8th. Peel Hunt reaffirmed an “add” rating on shares of Croda International in a research note on Tuesday, February 25th. Liberum Capital reaffirmed a “hold” rating on shares of Croda International in a research note on Friday, February 28th. Morgan Stanley increased their price objective on shares of Croda International from GBX 5,275 ($69.39) to GBX 5,550 ($73.01) and gave the company an “overweight” rating in a research note on Friday, January 24th. Finally, Berenberg Bank cut shares of Croda International to a “hold” rating in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. Croda International has an average rating of “Hold” and an average target price of GBX 4,742.86 ($62.39).
LON:CRDA opened at GBX 4,216 ($55.46) on Tuesday. The company has a quick ratio of 0.86, a current ratio of 1.69 and a debt-to-equity ratio of 72.48. 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 stock has a market cap of $5.56 billion and a PE ratio of 24.45. The firm’s fifty day simple moving average is GBX 4,681.96 and its 200-day simple moving average is GBX 4,849.40.
About Croda International
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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