Liberum Capital Reiterates “Hold” Rating for Croda International (CRDA)

Liberum Capital restated their hold rating on shares of Croda International (LON:CRDA) in a report published on Wednesday. They currently have a GBX 4,500 ($62.17) target price on the stock.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank raised shares of Croda International to a buy rating and boosted their target price for the stock from GBX 4,150 ($57.34) to GBX 5,000 ($69.08) in a research report on Tuesday, January 23rd. Deutsche Bank boosted their target price on shares of Croda International from GBX 4,000 ($55.26) to GBX 4,300 ($59.41) and gave the stock a hold rating in a research report on Thursday, March 1st. Jefferies Group downgraded shares of Croda International to a hold rating and boosted their target price for the stock from GBX 4,500 ($62.17) to GBX 4,700 ($64.94) in a research report on Thursday, January 4th. Barclays boosted their target price on shares of Croda International from GBX 4,700 ($64.94) to GBX 4,900 ($67.70) and gave the stock an overweight rating in a research report on Wednesday, February 28th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Croda International from GBX 4,225 ($58.37) to GBX 4,800 ($66.32) and gave the stock an overweight rating in a research report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Croda International has an average rating of Hold and an average price target of GBX 4,337 ($59.92).

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Shares of Croda International (LON CRDA) opened at GBX 4,632 ($64.00) on Wednesday. Croda International has a one year low of GBX 3,461 ($47.82) and a one year high of GBX 4,646.12 ($64.19). The stock has a market cap of $6,090.00 and a price-to-earnings ratio of 2,587.71.

Croda International (LON:CRDA) last released its quarterly earnings results on Tuesday, February 27th. The company reported GBX 179 ($2.47) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 173.50 ($2.40) by GBX 5.50 ($0.08). Croda International had a net margin of 17.16% and a return on equity of 37.33%. The firm had revenue of GBX 137.31 billion for the quarter.

The firm also recently disclosed a dividend, which will be paid on Thursday, May 31st. Investors of record on Thursday, April 19th will be given a dividend of GBX 46 ($0.64) per share. This represents a dividend yield of 1%. The ex-dividend date is Thursday, April 19th. This is an increase from Croda International’s previous dividend of $35.00.

In related news, insider Steve Foots sold 21,181 shares of the business’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of GBX 4,434 ($61.26), for a total transaction of £939,165.54 ($1,297,548.41). In the last ninety days, insiders have purchased 12 shares of company stock valued at $52,164.

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About Croda International

Croda International Plc creates, makes and sells specialty chemicals. It operates through four segments. The Personal Care segment focuses on ingredients for skin, hair, sun and color cosmetic products. Its portfolio includes anti-ageing ingredients for skin, conditioning agents for hair care and metal oxides for ultraviolet (UV) filters.

Analyst Recommendations for Croda International (LON:CRDA)

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