Cranswick plc (LON:CWK) Given Consensus Rating of “Moderate Buy” by Brokerages

Cranswick plc (LON:CWK) has received an average recommendation of “Moderate Buy” from the five research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 5,974.

A number of equities research analysts recently weighed in on CWK shares. Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 6,300 target price on shares of Cranswick in a report on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating and issued a GBX 6,200 price target on shares of Cranswick in a report on Monday, July 27th. Shore Capital Group reaffirmed a “house stock” rating on shares of Cranswick in a research report on Friday. Finally, Royal Bank Of Canada upgraded shares of Cranswick to an “outperform” rating and boosted their price objective for the stock from GBX 5,500 to GBX 6,100 in a research note on Wednesday, May 27th.

Cranswick Stock Performance

Shares of LON:CWK opened at GBX 5,260 on Monday. The firm’s 50 day simple moving average is GBX 5,467.80 and its 200-day simple moving average is GBX 5,369.07. The firm has a market cap of £2.81 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56. Cranswick has a one year low of GBX 4,805 and a one year high of GBX 5,810. The company has a debt-to-equity ratio of 23.26, a quick ratio of 1.02 and a current ratio of 1.76.

Cranswick (LON:CWK) last issued its earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. The business had revenue of GBX 298.25 billion during the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%. As a group, equities analysts predict that Cranswick will post 258.5590189 EPS for the current year.

Insiders Place Their Bets

In other Cranswick news, insider Jim Brisby sold 16,500 shares of Cranswick 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 Mark Bottomley sold 361 shares of Cranswick stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of GBX 5,545, for a total value of £20,017.45. Over the last quarter, insiders purchased 366 shares of company stock valued at $2,028,799 and sold 25,861 shares valued at $142,526,245. Corporate insiders own 2.55% 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 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.