Cranswick plc (LON:CWK) has been assigned an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 3,500 ($46.04).
A number of brokerages have weighed in on CWK. Liberum Capital began coverage on Cranswick in a research note on Tuesday, February 11th. They set a “buy” rating and a GBX 3,800 ($49.99) price target on the stock. HSBC reaffirmed a “hold” rating on shares of Cranswick in a research report on Wednesday, January 8th. Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a research report on Tuesday, February 11th. Peel Hunt increased their target price on Cranswick from GBX 3,100 ($40.78) to GBX 3,200 ($42.09) and gave the stock a “hold” rating in a research report on Tuesday, February 11th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Cranswick in a research report on Thursday, February 20th.
In related news, insider Christopher Aldersley sold 500 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of GBX 3,367 ($44.29), for a total value of £16,835 ($22,145.49).
Shares of Cranswick stock traded up GBX 235.41 ($3.10) during trading hours on Monday, reaching GBX 3,897.41 ($51.27). 68,704 shares of the company’s stock were exchanged, compared to its average volume of 57,337. Cranswick has a 52-week low of GBX 2,454 ($32.28) and a 52-week high of GBX 3,912 ($51.46). The firm has a market capitalization of $1.98 billion and a price-to-earnings ratio of 27.49. The company has a fifty day moving average of GBX 3,488.28 and a 200-day moving average of GBX 3,291.50. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 24.05.
Cranswick plc produces and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. It offers fresh pork, gourmet bacon and gammon, fresh chicken, and prepared chicken and poultry products, as well as gourmet sausages, cooked meats, continental foods, handmade pastries, and British charcuteries.
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