Croda International’s (CRDA) “Hold” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Croda International (LON:CRDA) in a research report sent to investors on Wednesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 3,000 price objective on the stock.

Several other brokerages also recently weighed in on CRDA. Morgan Stanley raised shares of Croda International to an “overweight” rating and raised their price target for the company from GBX 3,280 to GBX 3,350 in a research report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Croda International from GBX 3,100 to GBX 3,000 and set a “hold” rating for the company in a research report on Tuesday, March 24th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,140.

Croda International Price Performance

Shares of LON CRDA opened at GBX 3,001 on Wednesday. The company has a market capitalization of £4.18 billion, a price-to-earnings ratio of 67.59, a P/E/G ratio of 1.40 and a beta of 0.94. The company has a debt-to-equity ratio of 31.85, a quick ratio of 2.25 and a current ratio of 1.99. The company has a 50 day simple moving average of GBX 2,890.51 and a two-hundred day simple moving average of GBX 2,819.47. Croda International has a fifty-two week low of GBX 2,426.77 and a fifty-two week high of GBX 3,312.

Croda International (LON:CRDA) last announced its quarterly earnings results on Tuesday, February 24th. The company reported GBX 146.20 earnings per share for the quarter. Croda International had a net margin of 3.65% and a return on equity of 2.82%. Analysts expect that Croda International will post 181.8307268 EPS for the current fiscal year.

Insider Activity at Croda International

In related news, insider Danuta Gray bought 750 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of GBX 2,788 per share, for a total transaction of £20,910. Also, insider Steve Foots sold 3,622 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 2,606, for a total transaction of £94,389.32. Insiders bought 771 shares of company stock valued at $2,152,788 over the last 90 days. Corporate insiders own 0.83% of the company’s stock.

Croda International Company Profile

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. Sustainability is a core part of the Groups strategy with a commitment to be Climate, Land and People positive by 2030.