Deutsche Bank Aktiengesellschaft Raises Croda International (LON:CRDA) Price Target to GBX 3,100

Croda International (LON:CRDA) had its target price raised by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 3,000 to GBX 3,100 in a research report issued on Thursday, Marketbeat.com reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 7.86% from the company’s current price.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised Croda International to an “overweight” rating in a research note on Wednesday, July 30th. Jefferies Financial Group lowered their price objective on Croda International from GBX 3,200 to GBX 3,100 and set a “buy” rating for the company in a research note on Friday. Berenberg Bank upped their price objective on Croda International from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a research note on Thursday. Finally, Citigroup lowered their price objective on Croda International from GBX 3,300 to GBX 3,050 and set a “neutral” rating for the company in a research note on Friday, October 3rd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Croda International currently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,137.50.

Croda International Stock Down 0.8%

Shares of LON CRDA opened at GBX 2,874 on Thursday. The company has a current ratio of 2.72, a quick ratio of 2.25 and a debt-to-equity ratio of 30.90. The company has a market cap of £4.01 billion, a price-to-earnings ratio of 1,866.23, a PEG ratio of 1.40 and a beta of 0.74. Croda International has a 12 month low of GBX 2,426.77 and a 12 month high of GBX 3,821. The stock has a 50-day moving average price of GBX 2,617.55 and a two-hundred day moving average price of GBX 2,816.94.

Croda International (LON:CRDA) last issued its earnings results on Tuesday, July 29th. The company reported GBX 72.20 EPS for the quarter. Croda International had a return on equity of 6.96% and a net margin of 9.98%. As a group, analysts forecast that Croda International will post 181.8307268 earnings per share for the current fiscal year.

Insider Buying and Selling at Croda International

In other news, insider Steve Foots bought 3,815 shares of the firm’s stock in a transaction on Monday, August 4th. The stock was acquired at an average price of GBX 2,617 per share, with a total value of £99,838.55. Also, insider Chris Good bought 1,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were purchased at an average cost of GBX 2,633 per share, with a total value of £26,330. In the last three months, insiders have acquired 11,333 shares of company stock worth $29,793,789. Company insiders own 0.83% of the company’s stock.

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.