Croda International Plc (LON:CRDA) Receives Consensus Recommendation of “Hold” from Analysts

Croda International Plc (LON:CRDA – Get Rating) has earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 8,033.33 ($96.94).

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of Croda International in a research note on Tuesday, February 7th. Jefferies Financial Group restated a “buy” rating and issued a GBX 8,200 ($98.95) target price on shares of Croda International in a research report on Wednesday. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 6,200 ($74.82) target price on shares of Croda International in a research report on Wednesday. Finally, Numis Securities restated a “hold” rating and issued a GBX 8,700 ($104.98) target price on shares of Croda International in a research report on Monday, February 6th.

Croda International Stock Performance

Shares of LON:CRDA opened at GBX 6,648 ($80.22) on Friday. The company’s 50 day simple moving average is GBX 6,865.24 and its 200 day simple moving average is GBX 6,788.11. The stock has a market capitalization of £9.28 billion, a price-to-earnings ratio of 1,432.76, a price-to-earnings-growth ratio of 8.54 and a beta of 0.61. The company has a debt-to-equity ratio of 25.33, a current ratio of 2.38 and a quick ratio of 2.25. Croda International has a 1 year low of GBX 5,862 ($70.74) and a 1 year high of GBX 8,082.06 ($97.53).

Croda International Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 26th. Stockholders of record on Thursday, April 27th will be issued a dividend of GBX 61 ($0.74) per share. This represents a dividend yield of 0.88%. The ex-dividend date is Thursday, April 27th. This is a positive change from Croda International’s previous dividend of $47.00. Croda International’s payout ratio is 2,327.59%.

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.