Peel Hunt Reaffirms Hold Rating for Cranswick plc (CWK)
Cranswick plc (LON:CWK)‘s stock had its “hold” rating reiterated by investment analysts at Peel Hunt in a research report issued on Tuesday. They currently have a GBX 2,050 ($25.43) target price on the stock. Peel Hunt’s target price points to a potential downside of 8.82% from the company’s current price.
A number of other research analysts have also weighed in on the stock. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,500 ($31.01) price target on shares of Cranswick plc in a research note on Monday, August 22nd. Investec raised their price target on shares of Cranswick plc from GBX 2,520 ($31.26) to GBX 2,540 ($31.51) and gave the company a “buy” rating in a research note on Wednesday, November 16th. Numis Securities Ltd raised shares of Cranswick plc to an “add” rating and raised their price target for the company from GBX 2,456 ($30.47) to GBX 2,536 ($31.46) in a research note on Thursday, November 17th. Finally, Davy Research initiated coverage on shares of Cranswick plc in a research note on Wednesday, November 9th. They issued an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of GBX 2,430.20 ($30.15).
Cranswick plc (LON:CWK) opened at 2371.00 on Tuesday. 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 1-year low of GBX 1,725.00 and a 1-year high of GBX 2,608.91. The company’s market cap is GBX 1.18 billion.
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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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