UBS has maintained a Buy rating on Croda International, projecting a 2% pre-tax profit beat in its upcoming 2H24 results, with a price target of £51.00. The firm anticipates fourth-quarter sales of £438 million, driven by 5.3% organic sales growth, and expects the company to report a pre-tax profit of £131 million, indicating a positive shift in earnings trends. Croda's strong fundamentals, including a gross margin of 43.86% and a current ratio of 2.72, support its consistent dividend payments over 33 years.
