Cranswick’s (CWK) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Cranswick (LON:CWK) in a research report released on Tuesday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a GBX 6,300 price target on the stock.

CWK has been the topic of several other research reports. Royal Bank Of Canada raised shares of Cranswick to an “outperform” rating and lifted their target price for the company from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a report on Tuesday. Jefferies Financial Group reissued a “buy” rating and set a GBX 6,200 target price on shares of Cranswick in a research note on Monday. Finally, Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a report on Monday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Cranswick has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,974.

Cranswick Price Performance

Cranswick stock opened at GBX 5,430 on Tuesday. The company has a debt-to-equity ratio of 23.26, a current ratio of 1.76 and a quick ratio of 1.02. The business has a 50 day simple moving average of GBX 5,515.02 and a 200-day simple moving average of GBX 5,354.24. Cranswick has a 12 month low of GBX 4,805 and a 12 month high of GBX 5,810. The stock has a market capitalization of £2.91 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56.

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

Insider Transactions at Cranswick

In other Cranswick news, insider Jim Brisby sold 16,500 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were 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 stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total transaction of £492,300. In the last three months, insiders have purchased 8 shares of company stock worth $43,689. 2.49% of the stock is owned by insiders.

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.