Introduction
Croda (COIHF) has the reputation as a high-quality company and a relatively defensive name among U.K. stocks. Since late June, Croda shares have fallen 13% in London, following analyst downgrades and disappointing H1 results; they now trade at only 5% above their 52-week low, despite the pound's substantial fall in the last year.
In this article, we review Croda as a potential investment opportunity.
Company Overview
Croda is a U.K. specialty chemicals company that sells ingredients to companies globally, with a market capitalisation of about £6bn (about $7.5bn). It reports in