Croda International’s (CRDA) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Croda International (LON:CRDA) in a research report sent to investors on Wednesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 3,500 price objective on the stock.

Several other research analysts have also recently issued reports on CRDA. Citigroup upped their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a report on Wednesday. Berenberg Bank reissued a “buy” rating and set a GBX 3,600 price objective on shares of Croda International in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Croda International has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,390.

Croda International Price Performance

Shares of Croda International stock opened at GBX 3,205 on Wednesday. The company has a current ratio of 2.57, a quick ratio of 2.25 and a debt-to-equity ratio of 36.06. The company’s 50-day moving average price is GBX 3,009.44 and its two-hundred day moving average price is GBX 2,910.74. Croda International has a 52 week low of GBX 2,426.77 and a 52 week high of GBX 3,338. The stock has a market cap of £4.47 billion, a PE ratio of 72.18, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92.

Croda International (LON:CRDA) last issued its quarterly earnings results on Tuesday, July 28th. The company reported GBX 72.20 earnings per share for the quarter. Croda International had a net margin of 4.61% and a return on equity of 3.65%. As a group, sell-side analysts anticipate that Croda International will post 181.8307268 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Steve Foots sold 73 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Insiders acquired 25 shares of company stock worth $72,490 over the last quarter. 0.83% of the stock is currently owned by insiders.

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.