Analysts Set Cranswick plc (LON:CWK) Price Target at GBX 5,974

Shares of Cranswick plc (LON:CWK) have earned a consensus rating of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 5,974.

CWK has been the subject of several research analyst reports. Berenberg Bank restated a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a report on Tuesday, July 28th. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a report on Monday, July 27th. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and boosted their target price for the stock from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 6,300 target price on shares of Cranswick in a research report on Tuesday, July 28th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,200 price target on shares of Cranswick in a research report on Monday, July 27th.

Insider Transactions at Cranswick

In related news, insider Christopher Aldersley sold 9,000 shares of Cranswick stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total transaction of £492,300. Also, insider Mark Bottomley sold 361 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 5,545, for a total transaction of £20,017.45. Over the last 90 days, insiders acquired 366 shares of company stock valued at $2,028,799 and sold 25,861 shares valued at $142,526,245. Company insiders own 2.55% of the company’s stock.

Cranswick Stock Down 0.2%

Shares of LON CWK opened at GBX 5,190 on Monday. The stock has a market capitalization of £2.78 billion, a PE ratio of 17.88, 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. The firm has a fifty day moving average of GBX 5,476 and a 200-day moving average of GBX 5,368.92. Cranswick has a 52-week low of GBX 4,805 and a 52-week high of GBX 5,810.

Cranswick (LON:CWK) last issued its earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%.The business had revenue of GBX 298.25 billion for the quarter. On average, analysts anticipate that Cranswick will post 258.5590189 EPS for the current year.

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.