Croda International (LON:CRDA) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Croda International (LON:CRDA) in a report issued on Wednesday morning, Marketbeat.com reports. They currently have a GBX 5,300 ($66.57) price objective on the stock.

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

Croda International Trading Up 1.5 %

Shares of Croda International stock opened at GBX 4,746 ($59.62) on Wednesday. Croda International has a 52-week low of GBX 4,018 ($50.47) and a 52-week high of GBX 6,920 ($86.92). The company has a quick ratio of 2.25, a current ratio of 2.84 and a debt-to-equity ratio of 29.99. The company’s 50-day simple moving average is GBX 4,771.80 and its 200-day simple moving average is GBX 4,706.25. The firm has a market cap of £6.63 billion, a price-to-earnings ratio of 3,858.54, a price-to-earnings-growth ratio of 1.59 and a beta of 0.71.

Croda International Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 62 ($0.78) per share. This is a positive change from Croda International’s previous dividend of $47.00. This represents a yield of 1.26%. The ex-dividend date of this dividend is Thursday, April 18th. Croda International’s dividend payout ratio is presently 8,861.79%.

Insiders Place Their Bets

In other Croda International news, insider Tom Brophy sold 820 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of GBX 4,954 ($62.23), for a total transaction of £40,622.80 ($51,027.26). Over the last three months, insiders have purchased 9 shares of company stock worth $43,116. 0.90% 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.