Cranswick plc (LON:CWK) Receives Consensus Rating of “Moderate Buy” from Analysts

by · The Markets Daily

Shares of Cranswick plc (LON:CWK – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the five brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 4,706.40.

Several research firms have recently commented on CWK. Berenberg Bank reissued a “hold” rating and set a GBX 5,770 price target on shares of Cranswick in a research note on Tuesday, May 26th. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research note on Tuesday, May 19th. Jefferies Financial Group reissued a “buy” rating and set a GBX 62 price target on shares of Cranswick in a research note on Wednesday, May 20th. Royal Bank Of Canada raised shares of Cranswick to an “outperform” rating and increased their price target for the company from GBX 5,500 to GBX 6,100 in a research note on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 6,100 price target on shares of Cranswick in a research note on Wednesday, May 20th.

Read Our Latest Stock Analysis on CWK

Insider Activity at Cranswick

In other news, insider Jim Brisby sold 16,500 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of GBX 5,533, for a total transaction of £912,945. Also, insider Christopher Aldersley sold 9,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total transaction of £492,300. Over the last three months, insiders acquired 9 shares of company stock valued at $48,219 and sold 26,207 shares valued at $142,535,239. 2.49% of the stock is owned by insiders.

Cranswick Price Performance

CWK opened at GBX 5,420 on Friday. Cranswick has a one year low of GBX 4,805 and a one year high of GBX 5,710. The company has a debt-to-equity ratio of 23.60, a current ratio of 1.76 and a quick ratio of 1.02. The company’s 50 day simple moving average is GBX 5,400.71 and its 200-day simple moving average is GBX 5,245.42. The stock has a market capitalization of £2.90 billion, a P/E ratio of 18.68, a price-to-earnings-growth ratio of 2.62 and a beta of 0.55.

Cranswick (LON:CWK – Get Free Report) last released its quarterly earnings results on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. The business had revenue of GBX 298.25 billion for the quarter. Sell-side analysts anticipate that Cranswick will post 258.5590189 earnings per share for the current fiscal year.

About Cranswick

(Get Free Report)

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 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.

Featured Articles