Croda International (LON:CRDA) Earns Buy Rating from 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, MarketBeat.com reports. The brokerage currently has a GBX 5,300 ($66.57) price target on the stock.

Separately, Berenberg Bank restated a buy rating and issued a GBX 5,200 ($65.32) price target on shares of Croda International in a research note on Wednesday, February 28th.

Croda International Stock Performance

CRDA opened at GBX 4,746 ($59.62) on Wednesday. The company has a debt-to-equity ratio of 29.99, a current ratio of 2.84 and a quick ratio of 2.25. The business has a fifty day simple moving average of GBX 4,775.38 and a 200 day simple moving average of GBX 4,700.49. Croda International has a 1 year low of GBX 4,018 ($50.47) and a 1 year high of GBX 6,920 ($86.92). The company has a market capitalization of £6.63 billion, a PE ratio of 3,858.54, a price-to-earnings-growth ratio of 1.59 and a beta of 0.71.

Croda International Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 18th will be given a dividend of GBX 62 ($0.78) per share. This is a positive change from Croda International’s previous dividend of $47.00. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 1.26%. Croda International’s dividend payout ratio (DPR) is currently 8,861.79%.

Insider Activity

In other Croda International news, insider Tom Brophy sold 820 shares of the company’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of GBX 4,954 ($62.23), for a total value of £40,622.80 ($51,027.26). Over the last three months, insiders have bought 9 shares of company stock valued at $43,116. 0.90% of the stock is currently owned by corporate insiders.

About Croda International

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.