Croda International (LON:CRDA) had its price objective increased by Morgan Stanley from GBX 4,550 ($62.86) to GBX 4,800 ($66.32) in a research report released on Friday. The brokerage currently has an overweight rating on the stock.
Several other equities analysts have also recently issued reports on CRDA. Liberum Capital restated a hold rating and issued a GBX 4,300 ($59.41) price target on shares of Croda International in a research report on Monday, November 20th. Jefferies Group cut shares of Croda International to a hold rating and upped their price target for the company from GBX 4,500 ($62.17) to GBX 4,700 ($64.94) in a research report on Thursday, January 4th. JPMorgan Chase & Co. upped their price target on shares of Croda International from GBX 4,225 ($58.37) to GBX 4,800 ($66.32) and gave the company an overweight rating in a research report on Monday, January 8th. Barclays upped their price target on shares of Croda International from GBX 4,000 ($55.26) to GBX 4,700 ($64.94) and gave the company an overweight rating in a research report on Tuesday, January 9th. Finally, Berenberg Bank upgraded shares of Croda International to a buy rating and upped their price target for the company from GBX 4,150 ($57.34) to GBX 5,000 ($69.08) in a research report on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 4,379.09 ($60.50).
Shares of Croda International (CRDA) traded down GBX 32 ($0.44) during trading hours on Friday, reaching GBX 4,548 ($62.84). 711,630 shares of the company traded hands, compared to its average volume of 455,652. The company has a market cap of $5,980.00 and a P/E ratio of 2,540.78. Croda International has a fifty-two week low of GBX 3,461 ($47.82) and a fifty-two week high of GBX 4,668 ($64.49).
Croda International (LON:CRDA) last issued its quarterly earnings data on Tuesday, February 27th. The company reported GBX 179 ($2.47) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 173.50 ($2.40) by GBX 5.50 ($0.08). The business had revenue of GBX 137.31 billion during the quarter. Croda International had a net margin of 17.16% and a return on equity of 37.33%.
The firm also recently declared a dividend, which will be paid on Thursday, May 31st. Shareholders of record on Thursday, April 19th will be given a GBX 46 ($0.64) dividend. This is a boost from Croda International’s previous dividend of $35.00. This represents a yield of 1%. The ex-dividend date is Thursday, April 19th.
In other news, insider Steve Foots sold 21,181 shares of the stock in a transaction on 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). Over the last quarter, insiders have bought 11 shares of company stock valued at $49,010.
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.
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.