Croda International (LON:CRDA) Price Target Cut to GBX 8,400 by Analysts at Berenberg Bank

Croda International (LON:CRDAGet Rating) had its price target trimmed by Berenberg Bank from GBX 9,000 ($110.28) to GBX 8,400 ($102.93) in a research note released on Monday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

CRDA has been the subject of a number of other research reports. Barclays cut their price objective on shares of Croda International from GBX 8,700 ($106.60) to GBX 8,300 ($101.70) and set an equal weight rating for the company in a research report on Wednesday, July 27th. JPMorgan Chase & Co. cut their price objective on shares of Croda International from GBX 6,600 ($80.87) to GBX 6,000 ($73.52) and set an underweight rating for the company in a research report on Wednesday, July 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Hold and an average target price of GBX 8,140 ($99.74).

Croda International Stock Down 2.4 %

CRDA stock opened at GBX 7,238 ($88.69) on Monday. The company has a debt-to-equity ratio of 53.00, a current ratio of 1.94 and a quick ratio of 0.95. Croda International has a 52-week low of GBX 5,862 ($71.83) and a 52-week high of £105.05 ($128.72). The company has a 50-day moving average of GBX 6,641.40 and a two-hundred day moving average of GBX 7,166.34. The stock has a market capitalization of £10.11 billion and a price-to-earnings ratio of 3,158.26.

Croda International Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 4th. Investors of record on Thursday, September 8th will be given a GBX 47 ($0.58) dividend. This represents a yield of 0.66%. The ex-dividend date is Thursday, September 8th. Croda International’s dividend payout ratio (DPR) is presently 41.30%.

About Croda International

(Get Rating)

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. It operates through four segments: Consumer Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The company 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.

See Also

Analyst Recommendations for Croda International (LON:CRDA)

Want More Great Investing Ideas?

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.