Croda International (LON:CRDA) Given New GBX 4,500 Price Target at Goldman Sachs Group

Croda International (LON:CRDA) had its price target decreased by equities researchers at Goldman Sachs Group from GBX 4,625 ($60.84) to GBX 4,500 ($59.19) in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports. The firm currently has a “sell” rating on the stock. Goldman Sachs Group’s target price indicates a potential downside of 0.09% from the stock’s current price.

CRDA has been the topic of several other research reports. Deutsche Bank reissued a “hold” rating on shares of Croda International in a research report on Wednesday. Morgan Stanley boosted their target price on shares of Croda International from GBX 5,275 ($69.39) to GBX 5,550 ($73.01) and gave the stock an “overweight” rating in a research report on Friday, January 24th. UBS Group dropped their target price on shares of Croda International from GBX 5,100 ($67.09) to GBX 4,900 ($64.46) and set a “neutral” rating on the stock in a research report on Wednesday. Jefferies Financial Group reissued a “hold” rating on shares of Croda International in a research report on Wednesday, November 20th. Finally, Bank of America boosted their target price on shares of Croda International from GBX 4,400 ($57.88) to GBX 4,625 ($60.84) and gave the stock a “sell” rating in a research report on Wednesday, January 8th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. Croda International presently has a consensus rating of “Hold” and a consensus target price of GBX 4,848.21 ($63.78).

Shares of Croda International stock opened at GBX 4,504 ($59.25) on Friday. The firm’s 50 day moving average price is GBX 5,060.02 and its 200-day moving average price is GBX 4,886.08. The company has a quick ratio of 0.93, a current ratio of 1.74 and a debt-to-equity ratio of 78.01. Croda International has a 52-week low of GBX 48.62 ($0.64) and a 52-week high of GBX 5,415 ($71.23). The company has a market cap of $6.04 billion and a P/E ratio of 24.61.

About Croda International

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It 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: Certificate of Deposit (CD) For Risk Adverse Investors?

Analyst Recommendations for Croda International (LON:CRDA)

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.