Jefferies Financial Group Reaffirms “Buy” Rating for Croda International (LON:CRDA)

Croda International (LON:CRDA)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 3,500 price objective on the stock. Jefferies Financial Group’s target price suggests a potential upside of 9.24% from the stock’s current price.

CRDA has been the subject of several other reports. Citigroup increased their price objective on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a research report on Wednesday. Berenberg Bank reiterated a “buy” rating and set a GBX 3,600 target price on shares of Croda International in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 3,390.

Croda International Stock Performance

CRDA opened at GBX 3,204 on Wednesday. The firm has a market capitalization of £4.46 billion, a P/E ratio of 72.16, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The stock’s 50 day moving average price is GBX 2,989.04 and its two-hundred day moving average price is GBX 2,900.62. The company has a quick ratio of 2.25, a current ratio of 1.99 and a debt-to-equity ratio of 31.85. Croda International has a 12-month low of GBX 2,426.77 and a 12-month high of GBX 3,312.

Insider Transactions at Croda International

In related news, insider Steve Foots sold 73 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 2,840, for a total transaction of £2,073.20. Insiders bought 25 shares of company stock worth $72,490 in the last 90 days. Insiders own 0.83% of the company’s stock.

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.