Cranswick plc (LON:CWK) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Cranswick plc (LON:CWK) have received an average rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 4,706.40.

CWK has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 6,100 price objective on shares of Cranswick in a research note on Wednesday, May 20th. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and boosted their price target for the company from GBX 5,500 to GBX 6,100 in a research note on Wednesday. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research note on Tuesday, May 19th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 62 price target on shares of Cranswick in a research note on Wednesday, May 20th.

Insider Transactions at Cranswick

In related news, insider Jim Brisby sold 16,500 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of GBX 5,533, for a total transaction of £912,945. Also, insider Christopher Aldersley sold 9,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total value of £492,300. Over the last three months, insiders have bought 9 shares of company stock valued at $48,219 and have sold 26,207 shares valued at $142,535,239. Company insiders own 2.54% of the company’s stock.

Cranswick Trading Up 0.9%

Cranswick stock opened at GBX 5,446 on Wednesday. The company has a debt-to-equity ratio of 23.60, a quick ratio of 1.02 and a current ratio of 1.76. The business’s 50-day simple moving average is GBX 5,292.85 and its 200-day simple moving average is GBX 5,179.04. The firm has a market capitalization of £2.91 billion, a PE ratio of 20.13, a PEG ratio of 2.62 and a beta of 0.56. Cranswick has a 52 week low of GBX 4,805 and a 52 week high of GBX 5,620.

Cranswick (LON:CWK) last posted its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. The business had revenue of GBX 298.25 billion for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%. Equities research analysts forecast that Cranswick will post 258.5590189 earnings per share for the current year.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.