Cranswick (LON:CWK) Given House Stock Rating at Shore Capital Group

Shore Capital Group reaffirmed their house stock rating on shares of Cranswick (LON:CWK) in a research report report published on Friday morning, Marketbeat reports.

Other analysts have also recently issued research reports about the stock. Royal Bank Of Canada upgraded shares of Cranswick to an “outperform” rating and upped their price objective for the company from GBX 5,500 to GBX 6,100 in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,300 price target on shares of Cranswick in a research note on Tuesday, July 28th. Jefferies Financial Group reissued a “buy” rating and set a GBX 6,200 target price on shares of Cranswick in a research report on Monday, July 27th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, July 28th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 5,974.

Cranswick Price Performance

Shares of CWK opened at GBX 5,260 on Friday. The firm has a market cap of £2.81 billion, a PE ratio of 18.13, a PEG ratio of 2.62 and a beta of 0.56. The firm’s 50 day moving average price is GBX 5,467.80 and its 200 day moving average price is GBX 5,369.07. The company has a debt-to-equity ratio of 23.26, a quick ratio of 1.02 and a current ratio of 1.76. Cranswick has a twelve month low of GBX 4,805 and a twelve month high of GBX 5,810.

Cranswick (LON:CWK) last posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%.The firm had revenue of GBX 298.25 billion during the quarter. As a group, research analysts expect that Cranswick will post 258.5590189 EPS for the current fiscal year.

Insider Activity

In other Cranswick news, insider Christopher Aldersley sold 9,000 shares of the company’s stock in a transaction that occurred 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 stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of GBX 5,545, for a total value of £20,017.45. Over the last three months, insiders purchased 366 shares of company stock valued at $2,028,799 and sold 25,861 shares valued at $142,526,245. 2.55% of the stock is owned by corporate insiders.

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.