Brokerages Set Croda International Plc (LON:CRDA) PT at GBX 3,140

Croda International Plc (LON:CRDA) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 3,140.

A number of brokerages recently weighed in on CRDA. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 3,000 target price on shares of Croda International in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating for the company in a research note on Tuesday, March 24th. Finally, Morgan Stanley upgraded shares of Croda International to an “overweight” rating and increased their price objective for the stock from GBX 3,280 to GBX 3,350 in a research note on Wednesday, March 25th.

Insider Transactions at Croda International

In other Croda International news, insider Danuta Gray acquired 750 shares of Croda International stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of GBX 2,788 per share, for a total transaction of £20,910. Also, insider Steve Foots sold 3,622 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of GBX 2,606, for a total transaction of £94,389.32. In the last three months, insiders acquired 771 shares of company stock worth $2,151,538 and sold 4,715 shares worth $12,351,292. Company insiders own 0.83% of the company’s stock.

Croda International Price Performance

Shares of LON CRDA opened at GBX 2,828 on Thursday. The firm has a market cap of £3.94 billion, a PE ratio of 63.69, a PEG ratio of 1.40 and a beta of 0.90. The company has a current ratio of 1.99, a quick ratio of 2.25 and a debt-to-equity ratio of 31.85. Croda International has a 1-year low of GBX 2,426.77 and a 1-year high of GBX 3,312. The company has a fifty day moving average price of GBX 2,834.86 and a 200 day moving average price of GBX 2,816.26.

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

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.