Cranswick (LON:CWK) Given Buy Rating at Jefferies Financial Group

Cranswick (LON:CWK)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a research note issued to investors on Wednesday,London Stock Exchange reports. They currently have a GBX 62 price target on the stock. Jefferies Financial Group’s price target points to a potential downside of 98.86% from the stock’s previous close.

CWK has been the topic of several other research reports. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 6,100 price target on shares of Cranswick in a report on Wednesday. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 5,770 price target on shares of Cranswick in a report on Tuesday, January 27th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cranswick currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,358.

Cranswick Trading Down 0.7%

Shares of CWK stock opened at GBX 5,460 on Wednesday. The business has a 50-day moving average of GBX 5,267.55 and a 200 day moving average of GBX 5,159.89. The company has a debt-to-equity ratio of 40.43, a current ratio of 1.78 and a quick ratio of 1.02. Cranswick has a 1-year low of GBX 4,805 and a 1-year high of GBX 5,620. The stock has a market capitalization of £2.92 billion, a PE ratio of 20.18, a P/E/G ratio of 2.62 and a beta of 0.56.

Cranswick (LON:CWK) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. Cranswick had a return on equity of 14.71% and a net margin of 5.17%.The business had revenue of GBX 298.25 billion for the quarter. As a group, sell-side analysts anticipate that Cranswick will post 258.5590189 earnings per share for the current year.

Insider Activity at Cranswick

In other news, insider Adam Couch sold 347 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of GBX 507, for a total transaction of £1,759.29. Also, insider Mark Bottomley sold 110 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of GBX 5,096, for a total value of £5,605.60. In the last quarter, insiders acquired 8 shares of company stock valued at $42,490 and sold 707 shares valued at $2,010,739. Company insiders own 2.54% of the company’s stock.

Cranswick Company Profile

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.