Croda International (LON:CRDA) had its price target raised by Societe Generale from GBX 5,000 ($61.53) to GBX 6,000 ($73.84) in a research note published on Wednesday, Stock Target Advisor reports. Societe Generale currently has a hold rating on the stock.
CRDA has been the subject of several other research reports. UBS Group reissued a neutral rating on shares of Croda International in a report on Friday, July 24th. Liberum Capital restated a buy rating on shares of Croda International in a research note on Wednesday, May 27th. Credit Suisse Group raised their target price on Croda International from GBX 3,900 ($47.99) to GBX 4,100 ($50.46) and gave the stock an underperform rating in a research note on Thursday, May 28th. Peel Hunt downgraded Croda International to a hold rating and raised their target price for the stock from GBX 4,200 ($51.69) to GBX 4,650 ($57.22) in a research note on Thursday, June 11th. Finally, Jefferies Financial Group raised their target price on Croda International from GBX 5,160 ($63.50) to GBX 5,700 ($70.15) and gave the stock a hold rating in a research note on Monday, July 27th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 4,985 ($61.35).
Shares of CRDA opened at GBX 5,730 ($70.51) on Wednesday. The business has a 50-day moving average of GBX 5,362.72 and a 200 day moving average of GBX 4,942.40. Croda International has a fifty-two week low of GBX 48.62 ($0.60) and a fifty-two week high of GBX 5,616 ($69.11). The firm has a market cap of $7.39 billion and a P/E ratio of 32.94. 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 firm also recently declared a dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, August 20th will be given a dividend of GBX 39.50 ($0.49) per share. The ex-dividend date is Thursday, August 20th. This represents a dividend yield of 0.71%. Croda International’s dividend payout ratio (DPR) is presently 58.58%.
In other news, insider Jez K. Maiden sold 6,832 shares of Croda International stock in a transaction dated Monday, May 18th. The stock was sold at an average price of GBX 5,020 ($61.78), for a total transaction of £342,966.40 ($422,060.55). Also, insider Steve Foots sold 27,243 shares of Croda International stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of GBX 5,013 ($61.69), for a total value of £1,365,691.59 ($1,680,644.34).
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.
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