Croda International (LON:CRDA) Stock Rating Lowered by Jefferies Financial Group

Croda International (LON:CRDA) was downgraded by equities researchers at Jefferies Financial Group to a “hold” rating in a research note issued to investors on Tuesday, MarketBeat.com reports. They currently have a GBX 3,000 target price on the stock, down from their previous target price of GBX 3,100. Jefferies Financial Group’s price target indicates a potential upside of 6.27% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Berenberg Bank boosted their target price on shares of Croda International from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on Croda International from GBX 3,000 to GBX 3,100 and gave the company a “hold” rating in a research note on Thursday, October 16th. JPMorgan Chase & Co. raised Croda International to an “overweight” rating in a report on Wednesday, July 30th. Finally, Citigroup reduced their target price on Croda International from GBX 3,300 to GBX 3,050 and set a “neutral” rating for the company in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 3,112.50.

Croda International Price Performance

CRDA opened at GBX 2,823 on Tuesday. The firm has a 50-day moving average price of GBX 2,744.42 and a 200-day moving average price of GBX 2,833.39. Croda International has a twelve month low of GBX 2,426.77 and a twelve month high of GBX 3,618. The company has a quick ratio of 2.25, a current ratio of 2.72 and a debt-to-equity ratio of 30.90. The company has a market capitalization of £3.94 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.40 and a beta of 0.74.

Insider Activity

In related news, insider Danuta Gray bought 545 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were acquired at an average cost of GBX 2,550 per share, with a total value of £13,897.50. Also, insider Jacqui Ferguson bought 393 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were bought at an average price of GBX 2,524 per share, with a total value of £9,919.32. In the last ninety days, insiders acquired 950 shares of company stock worth $2,411,898. 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.