Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Cranswick (LON:CWK) Stock Price

Cranswick (LON:CWK) had its price target upped by Deutsche Bank Aktiengesellschaft from GBX 6,000 to GBX 6,100 in a research report report published on Tuesday,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on CWK. Shore Capital restated a “house stock” rating on shares of Cranswick in a research note on Tuesday. Peel Hunt reissued a “buy” rating and set a GBX 5,500 target price on shares of Cranswick in a research note on Tuesday. Finally, Berenberg Bank upped their price target on shares of Cranswick from GBX 5,540 to GBX 5,770 and gave the stock a “hold” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,790.

Cranswick Stock Performance

Shares of Cranswick stock traded up GBX 0.41 during trading on Tuesday, hitting GBX 5,120.41. 80,216 shares of the stock were exchanged, compared to its average volume of 155,551. The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66. Cranswick has a 12 month low of GBX 4,555 and a 12 month high of GBX 5,590. The stock’s fifty day moving average is GBX 4,976.38 and its 200 day moving average is GBX 5,150.35. The stock has a market cap of £2.74 billion, a PE ratio of 20.81, a P/E/G ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK) last posted its earnings results on Tuesday, November 25th. The company reported GBX 144.40 EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. As a group, sell-side analysts anticipate that Cranswick will post 258.5590189 EPS for the current year.

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.