Cranswick’s (CWK) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Cranswick (LON:CWK) in a research report released on Tuesday morning, MarketBeat Ratings reports.

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 5,370 ($71.92) target price on shares of Cranswick in a report on Monday, March 31st.

Cranswick Price Performance

Shares of CWK opened at GBX 5,530 ($74.06) on Tuesday. The company’s 50-day moving average is GBX 5,026.99 and its 200-day moving average is GBX 4,970.37. The company has a debt-to-equity ratio of 13.98, a current ratio of 1.66 and a quick ratio of 1.02. The firm has a market capitalization of £2.98 billion, a PE ratio of 26.32, a PEG ratio of 2.62 and a beta of 0.44. Cranswick has a fifty-two week low of GBX 4,203.33 ($56.29) and a fifty-two week high of GBX 5,590 ($74.86).

Cranswick (LON:CWK) last announced its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.66) EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. Equities analysts forecast that Cranswick will post 258.5590189 EPS for the current year.

Insiders Place Their Bets

In related news, insider Jim Brisby sold 7,000 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($67.11), for a total value of £350,770 ($469,760.28). Company insiders own 4.54% of the company’s stock.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.