Cranswick plc (CWK) Price Target Raised to GBX 2,565
Cranswick plc (LON:CWK) had its price objective boosted by investment analysts at Investec from GBX 2,540 ($31.51) to GBX 2,565 ($31.82) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Investec’s target price would indicate a potential upside of 14.09% from the stock’s current price.
A number of other brokerages have also recently commented on CWK. Peel Hunt reaffirmed a “hold” rating and set a GBX 2,050 ($25.43) price target on shares of Cranswick plc in a research report on Friday, October 14th. Liberum Capital reaffirmed a “hold” rating and set a GBX 2,500 ($31.01) price target on shares of Cranswick plc in a research report on Monday, October 3rd. Numis Securities Ltd raised Cranswick plc to an “add” rating and upped their price target for the company from GBX 2,456 ($30.47) to GBX 2,536 ($31.46) in a research report on Thursday, November 17th. Finally, Davy Research initiated coverage on Cranswick plc in a report on Wednesday, November 9th. They set an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Cranswick plc has an average rating of “Buy” and an average price target of GBX 2,430.20 ($30.15).
Shares of Cranswick plc (LON:CWK) opened at 2371.00 on Tuesday. The firm’s market capitalization is GBX 1.18 billion. The stock’s 50 day moving average price is GBX 2,274.50 and its 200-day moving average price is GBX 2,288.22. Cranswick plc has a 52 week low of GBX 1,725.00 and a 52 week high of GBX 2,608.91.
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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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