Shares in Croda International (CRDA.L) have fallen dramatically from recent highs of 5210p. Will it continue, or is this an opportunity to pick up a bargain?

• This stock is one of the more significant fallers in the period. It hasn’t yet followed the market recovery.
• Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
• Is the trend your friend, or is a bounce imminent?
• The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
• Now trading at 4264p (at time of writing). A return to previous highs would represent a rise of 22%.
• Shares -20% from 12-month highs; +4% from 12 month lows.

Latest News

09:20:  Deutsche Bank reiterates its hold rating on Croda International (CRDA) and reduced the target price to 4500p (from 4600p).

24 Mar:  JP Morgan Cazenove reiterates its neutral rating on Croda International (CRDA) and reduced the target price to 4025p (from 4500p).

13 Mar:  Jez Maiden, Financial Director, exercised 14,333 shares within the firm on the 9th March 2020. This Director currently has 42,274 shares.

13 Mar:  Jez Maiden, Financial Director, sold post-exercise 6,751 shares within the firm on the 10th March 2020 at a price of 4483.84p. This Director currently has 35,523 shares.

13 Mar:  Steve Foots, Chief Executive Officer, exercised 27,209 shares within the firm on the 9th March 2020. This Director currently has 76,643 shares.

13 Mar:  Steve Foots, Chief Executive Officer, sold post-exercise 12,814 shares within the firm on the 10th March 2020 at a price of 4483.84p. This Director currently has 63,829 shares.

13 Mar:  Bernstein reiterates its market perform rating on Croda International (CRDA) and reduced the target price to 4100p (from 4700p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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