Croda International PLC (LON:CRDA) Rating
In an analyst report sent to clients and investors on Thursday morning, Croda International PLC (LON:CRDA) stock had its Buy Rating reconfirmed by equity research analysts at Deutsche Bank. They currently have a GBX 3600.00 target price on firm. Deutsche Bank’s target would indicate a potential upside of 3.20% from the company’s last price.
Out of 18 analysts covering Croda International PLC (LON:CRDA), 9 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 50% are positive. GBX 3800 is the highest target while GBX 2350 is the lowest. The GBX 3224.69 average target is -8.02% below today’s (GBX 3506) stock price. Croda International PLC has been the topic of 89 analyst reports since October 2, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on September 29 with “Buy” rating. Liberum Capital maintained it with “Hold” rating and GBX 2931 target price in a July 26 report. Numis Securities maintained the shares of CRDA in a report on August 1 with “Hold” rating. Jefferies maintained the firm’s rating on July 19. Jefferies has “Buy” rating and GBX 3800 price target. Lastly, JP Morgan maintained the stock with “Overweight” rating in a July 27 report.
About 92,520 shares traded hands. Croda International Plc (LON:CRDA) has risen 11.24% since February 29, 2016 and is uptrending. It has underperformed by 0.02% the S&P500.
Insitutional Activity: The institutional sentiment decreased to 0.91 in Q2 2016. Its down 0.22, from 1.13 in 2016Q1. The ratio is negative, as 5 funds sold all Croda International Plc shares owned while 28 reduced positions. 16 funds bought stakes while 14 increased positions. They now own 7.77 million shares or 17.45% less from 9.41 million shares in 2016Q1.
Paradice Investment Management Llc holds 1.29% of its portfolio in Croda International Plc for 1.27 million shares. Zpr Investment Management owns 15,247 shares or 0.24% of their US portfolio. Moreover, Cadence Capital Management Llc has 0.06% invested in the company for 99,420 shares. The California-based Globeflex Capital L P has invested 0.06% in the stock. Bragg Financial Advisors Inc, a North Carolina-based fund reported 31,194 shares.
Croda International Plc is engaged in creating, making and selling specialty chemicals. The company has a market cap of 4.60 billion GBP. The Company’s divisions include Personal Care, Life Sciences, Performance Technologies and Industrial Chemicals. It has a 25.12 P/E ratio. The Personal Care segment focuses on ingredients for skin, hair, sun and color cosmetic products.
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