UBS Group Boosts Croda International (LON:CRDA) Price Target to GBX 5,300

Croda International (LON:CRDA) had its price objective raised by UBS Group from GBX 4,300 ($52.92) to GBX 5,300 ($65.22) in a research report released on Wednesday, Stock Target Advisor reports. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also commented on CRDA. Credit Suisse Group increased their price objective on Croda International from GBX 3,900 ($47.99) to GBX 4,100 ($50.46) and gave the company an underperform rating in a report on Thursday, May 28th. Deutsche Bank reiterated a hold rating on shares of Croda International in a report on Tuesday, June 30th. Sanford C. Bernstein reduced their price objective on Croda International from GBX 4,100 ($50.46) to GBX 3,900 ($47.99) and set a market perform rating for the company in a research report on Monday, March 30th. Barclays reaffirmed an equal weight rating on shares of Croda International in a research report on Monday, July 6th. Finally, Liberum Capital reiterated a buy rating on shares of Croda International in a research note on Wednesday, May 27th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 4,771.15 ($58.71).

Shares of LON CRDA opened at GBX 5,396 ($66.40) on Wednesday. The company has a debt-to-equity ratio of 72.48, a quick ratio of 0.86 and a current ratio of 1.69. The firm has a market cap of $6.86 billion and a price-to-earnings ratio of 30.87. The business’s 50-day simple moving average is GBX 5,175.92 and its 200-day simple moving average is GBX 4,888.68. Croda International has a 52 week low of GBX 48.62 ($0.60) and a 52 week high of GBX 5,332 ($65.62).

In other news, insider Steve Foots sold 27,243 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of GBX 5,013 ($61.69), for a total value of £1,365,691.59 ($1,680,644.34). Also, insider Jez K. Maiden sold 6,832 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of GBX 5,020 ($61.78), for a total transaction of £342,966.40 ($422,060.55).

About Croda International

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.

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Analyst Recommendations for Croda International (LON:CRDA)

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