Croda International (OTCMKTS: COIHY) upgraded to buy by Zacks Investment Research
Croda International (OTCMKTS: COIHY) has been improved by Zacks investment research from a “keep” note to a “buy” note in a report published on Friday, Zacks.com reports. The company currently has a price target of $ 60.00 on the stock. Zacks investment researchThe stock price target would point to a potential rise of 12.23% from the stock’s previous close.
According to Zacks, “Croda International plc is dedicated to the manufacture and distribution of specialty chemicals. Its operating segment includes personal care, life sciences, performance technologies and industrial chemicals. The personal care segment offers ingredients for the personal care industry such as skin care, sun care, hair care, colored cosmetics and toiletries. The Life Sciences segment comprises the Healthcare business, which provides ingredients and formulation expertise to the pharmaceutical and nutritional markets, and the Crop Care business which provides ingredient and formulation expertise to companies. agrochemicals. The Performance Technologies segment includes lubricants, coatings and polymers, geotechnologies, polymer additives and home care. The Industrial Chemicals segment provides bio-based phase change materials for thermal management, dispersants and additives for catalysts, electronics and advanced ceramics. Croda International plc is headquartered in Goole, USA. Kingdom. “
COIHY has been the subject of several other reports. HSBC lifted Croda International from a “hold” rating to a “buy” rating in a research report released Thursday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on Croda International shares in a research report on Monday. The UBS Group reiterated a “neutral” rating on Croda International shares in a research report on Wednesday 14 April. Morgan Stanley reiterated an “overweight” rating on Croda International shares in a research report on Wednesday April 28. Finally, Credit Suisse Group reissued an “outperformance” rating on Croda International shares in a report published on Thursday 22 April. Two investment analysts gave the stock a sell rating, two assigned a conservation rating and seven gave the company a buy rating. Croda International has an average “Hold” rating and an average price target of $ 60.00.
OTCMKTS COIHY traded up $ 0.12 on Friday, reaching $ 53.46. 1,354 shares of the company traded hands, compared to its average volume of 3,017. The company has a market cap of $ 14.92 billion, a P / E ratio of 47.31 and a beta of 0, 84. The company has a quick ratio of 1.15, a current ratio of 2.02, and a debt ratio of 0.49. The company has a 50-day simple moving average of $ 49.61. Croda International has a 52 week low of $ 33.88 and a 52 week high of $ 53.46.
About Croda International
Croda International Plc designs, manufactures 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; additives and adjuvants for crop protection, chemicals for seed improvement and animal health, chemical biostimulants and specialized additives for agricultural films; and additives for lubricants, coatings and polymers, vehicle cleaning chemicals and products for automotive textiles and fibers, as well as specialty additives for the plastics and battery and catalyst industries.
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