Cranswick plc (LON:CWK) Insider Christopher Aldersley Sells 1,330 Shares

Cranswick plc (LON:CWK) insider Christopher Aldersley sold 1,330 shares of Cranswick stock in a transaction dated Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($51.69), for a total transaction of £54,397 ($68,743.84).

Cranswick Stock Down 0.5 %

Cranswick stock opened at GBX 4,096 ($51.76) on Friday. The company has a market capitalization of £2.21 billion, a P/E ratio of 1,742.98, a P/E/G ratio of 2.62 and a beta of 0.44. The firm’s fifty day simple moving average is GBX 4,020.76 and its 200-day simple moving average is GBX 3,810.17. Cranswick plc has a 1-year low of GBX 2,940 ($37.15) and a 1-year high of GBX 4,210 ($53.20). The company has a current ratio of 1.81, a quick ratio of 1.02 and a debt-to-equity ratio of 19.32.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CWK. Berenberg Bank lifted their target price on Cranswick from GBX 4,694 ($59.32) to GBX 4,921 ($62.19) and gave the company a “buy” rating in a research note on Wednesday, January 31st. Redburn Partners assumed coverage on Cranswick in a research note on Wednesday, March 20th. They set a “buy” rating and a GBX 4,900 ($61.92) target price on the stock. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,405.25 ($55.67).

Cranswick Company Profile

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.