Croda International’s (CRDA) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Croda International (LON:CRDA) in a research report sent to investors on Wednesday morning, Marketbeat Ratings reports. Jefferies Financial Group currently has a GBX 5,300 ($66.57) price objective on the stock.

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 5,200 ($65.32) target price on shares of Croda International in a research note on Wednesday, February 28th.

Croda International Trading Up 0.5 %

Shares of CRDA stock opened at GBX 4,643 ($58.32) on Wednesday. The stock has a 50-day simple moving average of GBX 4,784.68 and a 200 day simple moving average of GBX 4,701.24. Croda International has a fifty-two week low of GBX 4,018 ($50.47) and a fifty-two week high of GBX 6,968 ($87.53). The stock has a market capitalization of £6.48 billion, a P/E ratio of 3,786.07, a P/E/G ratio of 1.62 and a beta of 0.71. The company has a quick ratio of 2.25, a current ratio of 2.84 and a debt-to-equity ratio of 29.99.

Croda International Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 18th will be given a GBX 62 ($0.78) dividend. This is a positive change from Croda International’s previous dividend of $47.00. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.26%. Croda International’s dividend payout ratio (DPR) is 8,934.43%.

Insider Activity at Croda International

In related news, insider Tom Brophy sold 820 shares of the stock in a transaction on Monday, March 25th. The stock was sold at an average price of GBX 4,954 ($62.23), for a total value of £40,622.80 ($51,027.26). Insiders purchased 9 shares of company stock worth $43,116 in the last quarter. 0.94% of the stock is owned by company insiders.

Croda International Company Profile

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.