Cranswick plc (LON:CWK – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 5,620 and last traded at GBX 5,599.99, with a volume of 721451 shares trading hands. The stock had previously closed at GBX 5,228.79.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Cranswick in a report on Monday, February 2nd. Berenberg Bank restated a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a report on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Cranswick has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,790.
Get Our Latest Stock Report on CWK
Cranswick Price Performance
Insider Activity at Cranswick
In other news, insider Adam Couch sold 347 shares of Cranswick stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of GBX 507, for a total transaction of £1,759.29. Also, insider Mark Bottomley sold 250 shares of Cranswick stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of GBX 5,097, for a total transaction of £12,742.50. In the last three months, insiders bought 8 shares of company stock valued at $42,490 and sold 707 shares valued at $2,010,739. 2.54% of the stock is currently owned by corporate insiders.
About Cranswick
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.
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