Croda International (LON:CRDA) Receives “Buy” Rating from Berenberg Bank

Croda International (LON:CRDA)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They currently have a GBX 3,600 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 13.21% from the company’s current price.

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 3,000 price target on shares of Croda International in a research note on Wednesday, April 22nd. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,230.

Croda International Trading Up 0.6%

Shares of CRDA stock opened at GBX 3,180 on Wednesday. Croda International has a fifty-two week low of GBX 2,426.77 and a fifty-two week high of GBX 3,312. The company has a debt-to-equity ratio of 31.85, a quick ratio of 2.25 and a current ratio of 1.99. The stock’s fifty day moving average is GBX 2,989.04 and its two-hundred day moving average is GBX 2,900.62. The firm has a market capitalization of £4.43 billion, a P/E ratio of 71.62, a PEG ratio of 1.40 and a beta of 0.92.

Insider Buying and Selling

In other Croda International news, insider Steve Foots sold 73 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 2,840, for a total value of £2,073.20. Insiders have bought 25 shares of company stock worth $72,490 over the last quarter. 0.83% of the stock is owned by 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.