Christopher Aldersley Acquires 3 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 3 shares of the company’s stock in a transaction on Monday, September 21st. The shares were acquired at an average price of GBX 5,129 per share, with a total value of £153.87.

Christopher Aldersley also recently made the following trade(s):

• On Friday, August 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The shares were acquired at an average cost of £5,350 per share, with a total value of £16,050.
• On Tuesday, July 21st, Christopher Aldersley acquired 2 shares of Cranswick stock. The shares were bought at an average price of GBX 5,415 per share, with a total value of £108.30.

Cranswick Price Performance

LON:CWK traded down GBX 80 during trading hours on Wednesday, reaching GBX 5,080. 203,832 shares of the company traded hands, compared to its average volume of 519,768. The stock has a market cap of £2.72 billion, a P/E ratio of 17.51, a P/E/G ratio of 2.62 and a beta of 0.55. The firm’s 50-day moving average is GBX 5,294.07 and its 200-day moving average is GBX 5,351.90. Cranswick plc has a 1-year low of GBX 4,805 and a 1-year high of GBX 5,810. The company has a debt-to-equity ratio of 23.26, a current ratio of 1.76 and a quick ratio of 1.02.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,300 price target on shares of Cranswick in a research note on Tuesday, July 28th. Berenberg Bank upgraded Cranswick to a “buy” rating and lifted their target price for the company from GBX 5,770 to GBX 6,080 in a report on Tuesday. Jefferies Financial Group restated a “buy” rating and set a GBX 6,200 price target on shares of Cranswick in a research note on Monday, July 27th. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and raised their price objective for the stock from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Finally, Shore Capital Group reaffirmed a “house stock” rating on shares of Cranswick in a research note on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 6,036.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.