Croda International (OTCMKTS:COIHY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of Croda International (OTCMKTS:COIHYGet Rating) from a sell rating to a hold rating in a research report report published on Monday, Zacks.com reports.

According to Zacks, “Croda International plc engages in the manufacture and distribution of specialty chemicals. Its operating segment consists of Personal Care, Life Sciences, Performance Technologies and Industrial Chemicals. Personal Care segment offers ingredients for the personal care industry such as skin care, sun care, hair care, colour cosmetics and toiletries. Life Sciences segment comprises the health care business, which delivers ingredients and formulation expertise to pharmaceutical and nutritional markets and the crop care business which provides ingredients and formulation expertise to agrochemical companies. Performance Technologies segment includes lubricants, coatings and polymers, geo technologies, polymer additives and home care. Industrial Chemicals segment provides bio-based phase change material for thermal management, dispersants and additives for catalysts, electronics and advance ceramics. Croda International plc is headquartered in Goole, the United Kingdom. “

Separately, Citigroup downgraded shares of Croda International from a buy rating to a neutral rating in a research report on Tuesday, January 11th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of $60.00.

Croda International stock opened at $42.18 on Monday. The firm has a 50-day moving average price of $49.54 and a two-hundred day moving average price of $57.74. Croda International has a 52-week low of $41.63 and a 52-week high of $71.42.

The firm also recently announced a dividend, which will be paid on Tuesday, June 21st. Investors of record on Friday, May 6th will be issued a $0.3263 dividend. The ex-dividend date is Thursday, May 5th. This represents a dividend yield of 1.17%.

About Croda International (Get Rating)

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. It operates through four segments: Consumer Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The company 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.

Further Reading

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