Shares in speciality chemical maker Croda International are the third top risers on Britain's FTSE 100 index, up1 percent, with traders citing the impact of a Credit Suisseupgrade to "outperform" from "neutral".
"We believe the company has successfully transitionedthrough a profitability improvement period to a top-line drivengrowth period," said the bank, forecasting a return to 8-10percent organic growth.
Based on the Thomson Reuters' StarMine Analysts RevisionModel (ARM) - which measures analysts' revision of keyindicators such as earnings and revenue estimates and changes totheir ratings - Croda is ranked above London-listed peersJohnson Matthey and Victrex.
Johnson Matthey and Victrex have ARM scores of 63 and 54respectively, with that for Croda at 69.
While Credit Suisse has lifted its rating to "outperform",the mean analyst rating for Croda is a "hold", StarMine datashows.
Trading volume in Croda stands at 24 percent of its 90-daydaily average, against the FTSE 100 at 16 percent.
Reuters messagingrm://tricia.wright1.thomsonreuters.com@reuters.net