Croda International (LON:CRDA) had its price target lowered by JPMorgan Chase & Co. from GBX 4,500 ($59.19) to GBX 4,025 ($52.95) in a report published on Tuesday, Stock Target Advisor reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also issued reports on CRDA. Liberum Capital reaffirmed a hold rating on shares of Croda International in a research report on Friday, February 28th. Sanford C. Bernstein lowered their target price on Croda International from GBX 4,700 ($61.83) to GBX 4,100 ($53.93) and set a market perform rating for the company in a research report on Friday, March 13th. Peel Hunt reaffirmed an add rating on shares of Croda International in a research report on Tuesday, February 25th. Deutsche Bank reaffirmed a hold rating on shares of Croda International in a research report on Wednesday, February 26th. Finally, Morgan Stanley raised their target price on Croda International from GBX 5,275 ($69.39) to GBX 5,550 ($73.01) and gave the stock an overweight rating in a research report on Friday, January 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 4,742.86 ($62.39).
Shares of CRDA opened at GBX 4,208 ($55.35) on Tuesday. Croda International has a 52 week low of GBX 48.62 ($0.64) and a 52 week high of GBX 5,415 ($71.23). The stock has a market capitalization of $5.52 billion and a price-to-earnings ratio of 24.41. The company has a debt-to-equity ratio of 72.48, a quick ratio of 0.86 and a current ratio of 1.69. The stock has a fifty day moving average of GBX 4,665.86 and a 200-day moving average of GBX 4,847.28.
The firm also recently disclosed a dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, April 16th will be given a GBX 50.50 ($0.66) dividend. The ex-dividend date of this dividend is Thursday, April 16th. This is a positive change from Croda International’s previous dividend of $39.50. This represents a dividend yield of 1.06%. Croda International’s dividend payout ratio (DPR) is 0.59%.
In other Croda International news, insider John Ramsay acquired 75 shares of the stock in a transaction dated Friday, March 13th. The stock was purchased at an average cost of GBX 4,075 ($53.60) per share, with a total value of £3,056.25 ($4,020.32). Also, insider Keith Layden sold 1,527 shares of Croda International stock in a transaction dated Monday, March 9th. The stock was sold at an average price of GBX 4,484 ($58.98), for a total value of £68,470.68 ($90,069.30). Over the last three months, insiders bought 84 shares of company stock valued at $349,449.
About Croda International
Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.
Featured Article: What is Cost of Debt?
Receive News & Ratings for Croda International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Croda International and related companies with MarketBeat.com's FREE daily email newsletter.