Cranswick plc (LON:CWK) Receives GBX 4,706.40 Consensus PT from Analysts

Shares of Cranswick plc (LON:CWKGet Free Report) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 4,706.40.

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

Get Our Latest Stock Report on CWK

Insider Transactions at Cranswick

In related news, insider Christopher Aldersley sold 9,000 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total value of £492,300. Also, insider Jim Brisby sold 16,500 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of GBX 5,533, for a total transaction of £912,945. In the last ninety days, insiders purchased 9 shares of company stock valued at $49,059. 2.49% of the stock is owned by insiders.

Cranswick Stock Up 0.2%

CWK opened at GBX 5,640 on Friday. The firm has a 50-day simple moving average of GBX 5,415.14 and a two-hundred day simple moving average of GBX 5,259.54. Cranswick has a 52 week low of GBX 4,805 and a 52 week high of GBX 5,710. The company has a market capitalization of £3.02 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 2.62 and a beta of 0.55. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.60.

Cranswick (LON:CWKGet Free Report) last released its quarterly earnings data 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 during the quarter. Analysts forecast 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.

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Analyst Recommendations for Cranswick (LON:CWK)

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