Cranswick plc (CWK) Rating Reiterated by Peel Hunt
Cranswick plc (LON:CWK)‘s stock had its “hold” rating reissued by stock analysts at Peel Hunt in a research report issued on Wednesday. They presently have a GBX 2,050 ($25.61) target price on the stock. Peel Hunt’s price objective would suggest a potential downside of 10.87% from the stock’s current price.
Other analysts also recently issued reports about the company. Numis Securities Ltd upgraded Cranswick plc to an “add” rating and set a GBX 2,456 ($30.68) price objective for the company in a report on Thursday, November 3rd. Liberum Capital restated a “hold” rating and issued a GBX 2,500 ($31.23) price objective on shares of Cranswick plc in a report on Monday, October 31st. Finally, Davy Research initiated coverage on Cranswick plc in a report on Wednesday, November 9th. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Cranswick plc has a consensus rating of “Buy” and an average target price of GBX 2,425.20 ($30.30).
Shares of Cranswick plc (LON:CWK) opened at 2300.00 on Wednesday. Cranswick plc has a 1-year low of GBX 1,605.12 and a 1-year high of GBX 2,608.91. The firm has a 50 day moving average price of GBX 2,299.03 and a 200 day moving average price of GBX 2,290.79. The firm’s market cap is GBX 1.15 billion.
Cranswick plc Company Profile
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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