Cranswick (LON:CWK) Given “Buy” Rating at Jefferies Financial Group

Cranswick (LON:CWK)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a report released on Monday,London Stock Exchange reports. They presently have a GBX 6,200 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 13.86% from the company’s current price.

CWK has been the subject of a number of other reports. Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,770 price target on shares of Cranswick in a research report on Tuesday, May 26th. Royal Bank Of Canada raised Cranswick to an “outperform” rating and raised their price objective for the company from GBX 5,500 to GBX 6,100 in a research report on Wednesday, May 27th. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 6,100 target price on shares of Cranswick in a research report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,934.

Cranswick Price Performance

CWK opened at GBX 5,445.51 on Monday. Cranswick has a 52-week low of GBX 4,805 and a 52-week high of GBX 5,810. The company has a 50 day moving average of GBX 5,517.59 and a two-hundred day moving average of GBX 5,340.05. The company has a market cap of £2.91 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.62 and a beta of 0.56. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.26.

Cranswick (LON:CWK) last issued its earnings results 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 for the quarter. On average, analysts expect that Cranswick will post 258.5590189 earnings per share for the current year.

Insiders Place Their Bets

In other Cranswick news, insider Christopher Aldersley sold 9,000 shares of the company’s 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 Cranswick stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of GBX 5,533, for a total value of £912,945. Over the last ninety days, insiders have purchased 8 shares of company stock valued at $43,689. Company insiders own 2.49% of the company’s stock.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.