Croda International (LON:CRDA) Given “Buy” Rating at Jefferies Financial Group

Croda International (LON:CRDA)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a research note issued to investors on Wednesday, Marketbeat reports. They currently have a GBX 3,200 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 12.76% from the company’s current price.

CRDA has been the subject of several other reports. Deutsche Bank Aktiengesellschaft dropped their price objective on Croda International from GBX 3,400 to GBX 3,000 and set a “hold” rating for the company in a research note on Tuesday, July 29th. Berenberg Bank dropped their price objective on Croda International from GBX 3,800 to GBX 3,100 and set a “buy” rating for the company in a research note on Tuesday, July 29th. Finally, JPMorgan Chase & Co. upgraded Croda International to an “overweight” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Croda International currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,150.

Croda International Stock Performance

Croda International stock opened at GBX 2,838 on Wednesday. The company has a debt-to-equity ratio of 30.90, a current ratio of 2.72 and a quick ratio of 2.25. The stock has a fifty day moving average price of GBX 2,585.25 and a two-hundred day moving average price of GBX 2,828.09. Croda International has a 52-week low of GBX 2,426.77 and a 52-week high of GBX 4,325. The firm has a market capitalization of £3.96 billion, a P/E ratio of 1,842.86, a P/E/G ratio of 1.40 and a beta of 0.74.

Croda International (LON:CRDA) last released its quarterly earnings data on Tuesday, July 29th. The company reported GBX 72.20 earnings per share (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 anticipate that Croda International will post 181.8307268 EPS for the current fiscal year.

Insider Activity

In related news, insider Stephen Oxley bought 3,762 shares of Croda International stock in a transaction on Tuesday, July 29th. The shares were purchased at an average price of GBX 2,671 per share, for a total transaction of £100,483.02. Also, insider Ian Bull purchased 500 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were acquired at an average cost of GBX 2,643 per share, for a total transaction of £13,215. In the last 90 days, insiders have purchased 11,343 shares of company stock valued at $29,823,659. 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.