Cranswick plc (CWK) Given New GBX 2,540 Price Target at Investec
Cranswick plc (LON:CWK) had its price objective upped by Investec from GBX 2,520 ($31.48) to GBX 2,540 ($31.73) in a research note issued to investors on Wednesday morning. Investec currently has a buy rating on the stock.
A number of other analysts have also recently issued reports on the company. Peel Hunt reissued a hold rating and set a GBX 2,050 ($25.61) price objective on shares of Cranswick plc in a research report on Wednesday. Davy Research started coverage on Cranswick plc in a research report on Wednesday, November 9th. They issued an outperform rating for the company. Numis Securities Ltd raised Cranswick plc to an add rating and set a GBX 2,456 ($30.68) price target for the company in a research report on Thursday, November 3rd. Finally, Liberum Capital reaffirmed a hold rating and issued a GBX 2,500 ($31.23) price target on shares of Cranswick plc in a research report on Monday, October 31st. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 2,425.20 ($30.30).
Cranswick plc (LON:CWK) traded up 1.63% during midday trading on Wednesday, hitting GBX 2300.00. The stock had a trading volume of 53,385 shares. The company’s 50-day moving average price is GBX 2,299.14 and its 200 day moving average price is GBX 2,290.73. Cranswick plc has a 12-month low of GBX 1,605.12 and a 12-month high of GBX 2,608.91. The stock’s market cap is GBX 1157.14 billion.
About Cranswick plc
Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.
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