Cranswick plc (LON:CWK) Stock Has Average Price Target of GBX 6,036

by · The Markets Daily

Shares of Cranswick plc (LON:CWK – Get Free Report) have received a consensus rating of “Buy” from the five ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have covered the stock in the last year is GBX 6,036.

CWK has been the subject of a number of research analyst reports. Berenberg Bank upgraded shares of Cranswick to a “buy” rating and raised their price objective for the stock from GBX 5,770 to GBX 6,080 in a report on Tuesday, September 22nd. Jefferies Financial Group restated a “buy” rating and set a GBX 6,200 price target on shares of Cranswick in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 6,300 price target on shares of Cranswick in a report on Tuesday, July 28th. Finally, Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a research note on Friday, August 14th.

Check Out Our Latest Report on Cranswick

Insider Buying and Selling at Cranswick

In other news, insider Mark Bottomley sold 361 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 5,545, for a total transaction of £20,017.45. Also, insider Christopher Aldersley purchased 3 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were purchased at an average price of £5,350 per share, with a total value of £16,050. Over the last 90 days, insiders acquired 366 shares of company stock worth $3,616,327. Corporate insiders own 2.55% of the company’s stock.

Cranswick Trading Down 1.4%

LON CWK opened at GBX 5,030 on Tuesday. The business’s fifty day moving average is GBX 5,233.82 and its 200-day moving average is GBX 5,342.07. The company has a debt-to-equity ratio of 23.26, a current ratio of 1.76 and a quick ratio of 1.02. The stock has a market capitalization of £2.69 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 2.62 and a beta of 0.55. Cranswick has a one year low of GBX 4,805 and a one year high of GBX 5,810.

About Cranswick

(Get Free Report)

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.

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