Liberum Capital assumed coverage on shares of Cranswick (LON:CWK) in a research note released on Tuesday, Digital Look reports. The firm issued a buy rating and a GBX 3,800 ($49.99) price objective on the stock.
Several other equities research analysts have also recently issued reports on CWK. HSBC reiterated a hold rating on shares of Cranswick in a research note on Wednesday, January 8th. Peel Hunt boosted their price target on Cranswick from GBX 3,100 ($40.78) to GBX 3,200 ($42.09) and gave the company a hold rating in a research note on Tuesday. Finally, Shore Capital reiterated a house stock rating on shares of Cranswick in a research note on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Cranswick has an average rating of Hold and an average target price of GBX 3,410 ($44.86).
Shares of CWK stock opened at GBX 3,846 ($50.59) on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 24.05. The stock has a market cap of $2.01 billion and a P/E ratio of 27.12. The stock has a 50 day simple moving average of GBX 3,501.24 and a 200 day simple moving average of GBX 3,130.48. Cranswick has a 1 year low of GBX 2,454 ($32.28) and a 1 year high of GBX 3,842.50 ($50.55).
The business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, December 12th were paid a GBX 16.70 ($0.22) dividend. This represents a dividend yield of 0.52%. The ex-dividend date of this dividend was Thursday, December 12th. Cranswick’s dividend payout ratio (DPR) is currently 0.40%.
Cranswick Company Profile
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.
Recommended Story: What is the Coverage Ratio?
Receive News & Ratings for Cranswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cranswick and related companies with MarketBeat.com's FREE daily email newsletter.