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

Croda International Plc (LON:CRDA) has earned an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 3,140.

CRDA has been the topic of a number of recent research reports. Morgan Stanley raised Croda International to an “overweight” rating and increased their target price for the company from GBX 3,280 to GBX 3,350 in a report on Wednesday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating for the company in a research report on Tuesday.

Croda International Price Performance

Shares of CRDA opened at GBX 2,858 on Wednesday. The firm has a fifty day simple moving average of GBX 2,841.81 and a two-hundred day simple moving average of GBX 2,779.23. The firm has a market cap of £3.99 billion, a PE ratio of 64.37, a P/E/G ratio of 1.40 and a beta of 0.96. The company has a current ratio of 1.99, a quick ratio of 2.25 and a debt-to-equity ratio of 34.76. Croda International has a 1-year low of GBX 2,426.77 and a 1-year high of GBX 3,312.

Croda International (LON:CRDA) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 146.20 earnings per share (EPS) for the quarter. Croda International had a return on equity of 2.82% and a net margin of 3.65%. On average, equities analysts anticipate that Croda International will post 181.8307268 EPS for the current year.

Insider Activity at Croda International

In other Croda International news, insider Danuta Gray bought 750 shares of Croda International stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of GBX 2,788 per share, with a total value of £20,910. Also, insider Steve Foots sold 3,622 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 2,606, for a total transaction of £94,389.32. Over the last ninety days, insiders acquired 766 shares of company stock worth $2,136,858. 0.83% of the stock is owned by company insiders.

About Croda International

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.