Cranswick plc (LON:CWK – Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3,866.10 ($48.13) and traded as high as GBX 4,125 ($51.35). Cranswick shares last traded at GBX 4,090 ($50.91), with a volume of 234,548 shares traded.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on CWK shares. Berenberg Bank raised their price objective on Cranswick from GBX 4,694 ($58.43) to GBX 4,921 ($61.26) and gave the company a “buy” rating in a research note on Wednesday, January 31st. Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a research note on Tuesday, April 2nd. Finally, Redburn Partners started coverage on shares of Cranswick in a report on Wednesday, March 20th. They issued a “buy” rating and a GBX 4,900 ($61.00) target price for the company. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Cranswick has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,405.25 ($54.84).
Get Our Latest Stock Analysis on Cranswick
Cranswick Stock Up 1.0 %
Insider Activity
In related news, insider Christopher Aldersley sold 1,330 shares of Cranswick stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($50.91), for a total value of £54,397 ($67,716.92). In other Cranswick news, insider Mark Bottomley sold 400 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($52.09), for a total transaction of £16,736 ($20,834.06). Also, insider Christopher Aldersley sold 1,330 shares of the stock in a transaction dated Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($50.91), for a total value of £54,397 ($67,716.92). Corporate insiders own 4.89% of the company’s stock.
About Cranswick
Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.
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