Cranswick (LON:CWK) Earns “House Stock” Rating from Shore Capital Group

Cranswick (LON:CWK)‘s stock had its “house stock” rating reaffirmed by analysts at Shore Capital Group in a research note issued on Tuesday,Digital Look reports.

Several other brokerages have also recently weighed in on CWK. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, January 27th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Cranswick in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Cranswick has an average rating of “Moderate Buy” and a consensus target price of GBX 5,790.

Cranswick Stock Up 6.1%

Shares of LON:CWK opened at GBX 5,550 on Tuesday. The firm’s 50 day moving average price is GBX 5,263.55 and its 200 day moving average price is GBX 5,156.33. The stock has a market cap of £2.97 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56. Cranswick has a fifty-two week low of GBX 4,805 and a fifty-two week high of GBX 5,620. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43.

Insider Buying and Selling

In other Cranswick news, insider Adam Couch sold 347 shares of the firm’s 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 110 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of GBX 5,096, for a total transaction of £5,605.60. In the last three months, insiders have acquired 8 shares of company stock worth $42,490 and have sold 707 shares worth $2,010,739. 2.54% of the stock is currently owned by company 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.