Croda International’s (CRDA) “Buy” Rating Reaffirmed at Jefferies Financial Group

Croda International (LON:CRDA)‘s stock had its “buy” rating reaffirmed by 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 objective on the stock. Jefferies Financial Group‘s price target suggests a potential upside of 7.64% from the company’s current price.

CRDA has been the subject of a number of other research reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,600 target price on shares of Croda International in a research note on Wednesday, July 29th. Citigroup lifted 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 note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 price objective on shares of Croda International in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,490.

Croda International Stock Performance

LON:CRDA opened at GBX 3,716 on Thursday. The firm’s fifty day simple moving average is GBX 3,403.49 and its 200 day simple moving average is GBX 3,068.75. The company has a current ratio of 2.57, a quick ratio of 2.25 and a debt-to-equity ratio of 36.06. Croda International has a twelve month low of GBX 2,488 and a twelve month high of GBX 3,784. The firm has a market capitalization of £5.18 billion, a price-to-earnings ratio of 65.31, a PEG ratio of 1.40 and a beta of 0.92.

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.