Croda International’s (LON:CRDA) “Hold” Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their hold rating on shares of Croda International (LON:CRDA) in a report issued on Wednesday, October 3rd.

A number of other equities analysts have also recently issued reports on CRDA. Societe Generale raised their target price on shares of Croda International from GBX 3,700 ($48.35) to GBX 4,600 ($60.11) and gave the stock a hold rating in a report on Thursday, June 14th. Deutsche Bank lifted their price target on Croda International from GBX 4,300 ($56.19) to GBX 4,600 ($60.11) and gave the company a hold rating in a report on Friday, June 15th. Morgan Stanley reaffirmed an overweight rating and set a GBX 4,800 ($62.72) price target on shares of Croda International in a report on Monday, July 2nd. Numis Securities lifted their price target on Croda International from GBX 4,300 ($56.19) to GBX 4,700 ($61.41) and gave the company a hold rating in a report on Thursday, July 26th. Finally, UBS Group reaffirmed a buy rating and set a GBX 5,450 ($71.21) price target (up previously from GBX 5,100 ($66.64)) on shares of Croda International in a report on Thursday, July 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 4,740.91 ($61.95).

LON:CRDA opened at GBX 4,506 ($58.88) on Wednesday. Croda International has a one year low of GBX 3,461 ($45.22) and a one year high of GBX 4,668 ($61.00).

Croda International (LON:CRDA) last issued its earnings results on Wednesday, July 25th. The company reported GBX 100.20 ($1.31) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 100 ($1.31) by GBX 0.20 ($0.00). Croda International had a net margin of 17.16% and a return on equity of 37.33%.

The company also recently announced a dividend, which was paid on Wednesday, October 3rd. Investors of record on Thursday, August 23rd were issued a dividend of GBX 38 ($0.50) per share. The ex-dividend date of this dividend was Thursday, August 23rd. This represents a yield of 0.78%.

In related news, insider Tom Brophy sold 830 shares of the business’s stock in a transaction that occurred on Friday, July 27th. The stock was sold at an average price of GBX 5,129 ($67.02), for a total transaction of £42,570.70 ($55,626.16). In the last three months, insiders have purchased 888 shares of company stock worth $4,584,119.

About Croda International

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The company offers adhesives; crop protection additives and adjuvants, specialty additives for agricultural films, and seed enhancement and animal health chemicals; lubricant additives, specialty additives for plastics, coatings and polymers, advanced materials, and vehicle cleaning chemicals; and specialty ingredients for skin care, hair care, sun care, self-tanning, color cosmetics, body care, bath and shower, deodorants, anti-perspirants, depilatories, men's grooming, oral hygiene, and baby care applications.

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Analyst Recommendations for Croda International (LON:CRDA)

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