Shore Capital Reaffirms House Stock Rating for Cranswick (LON:CWK)

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

Separately, Berenberg Bank reiterated a “hold” rating and issued a GBX 5,370 ($71.20) price target on shares of Cranswick in a research note on Monday, March 31st.

Cranswick Stock Down 0.4%

Shares of LON:CWK opened at GBX 5,200 ($68.95) on Monday. Cranswick has a 52-week low of GBX 4,440 ($58.87) and a 52-week high of GBX 5,590 ($74.12). The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98. The business has a fifty day moving average of GBX 5,276.56 and a two-hundred day moving average of GBX 5,088.47. The stock has a market cap of £2.80 billion, a P/E ratio of 24.75, a PEG ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK) last issued its quarterly earnings data on Tuesday, May 20th. The company reported GBX 273.40 ($3.63) EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. On average, research analysts expect that Cranswick will post 258.5590189 earnings per share for the current year.

Insider Activity at Cranswick

In other Cranswick news, insider Jim Brisby sold 4,000 shares of the company’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of GBX 5,400 ($71.60), for a total value of £216,000 ($286,396.18). Also, insider Adam Couch sold 18,622 shares of the stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of GBX 5,218 ($69.19), for a total value of £971,695.96 ($1,288,379.69). In the last ninety days, insiders bought 574 shares of company stock worth $3,025,170 and sold 60,038 shares worth $314,037,280. Company insiders own 4.54% of the company’s stock.

About Cranswick

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.