Shore Capital Reiterates House Stock Rating for Cranswick (LON:CWK)

Cranswick (LON:CWK)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a report issued on Tuesday, Digital Look reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,620 ($57.80) target price on shares of Cranswick in a report on Wednesday, September 13th.

Cranswick Stock Up 3.6 %

Shares of CWK stock traded up GBX 132 ($1.65) during trading hours on Tuesday, hitting GBX 3,776 ($47.24). 83,814 shares of the company were exchanged, compared to its average volume of 84,509. The stock has a market capitalization of £2.04 billion, a price-to-earnings ratio of 1,815.38, a P/E/G ratio of 2.62 and a beta of 0.44. Cranswick has a one year low of GBX 2,850 ($35.66) and a one year high of GBX 3,800 ($47.54). The business’s 50-day simple moving average is GBX 3,550.89 and its two-hundred day simple moving average is GBX 3,372.67. The company has a debt-to-equity ratio of 14.44, a quick ratio of 1.02 and a current ratio of 1.72.

Insider Activity at Cranswick

In other Cranswick news, insider Mark Bottomley sold 580 shares of Cranswick stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of GBX 3,451 ($43.18), for a total value of £20,015.80 ($25,041.66). Insiders own 5.01% of the company’s stock.

Cranswick Company Profile

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.