Cranswick plc (LON:CWK) Stock Has Consensus Price Target of GBX 6,256 According to Analysts

Shares of Cranswick plc (LON:CWK) have been given a consensus rating of “Buy” by the five research firms that are presently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 6,256.

Several equities analysts have recently commented on the stock. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 6,300 target price on shares of Cranswick in a research report on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating and set a GBX 6,200 price target on shares of Cranswick in a research report on Monday, July 27th. Berenberg Bank upgraded Cranswick to a “buy” rating and boosted their price target for the stock from GBX 5,770 to GBX 6,080 in a research report on Tuesday, September 22nd. Finally, Peel Hunt raised Cranswick to a “buy” rating and set a GBX 6,600 target price for the company in a research note on Monday, October 12th.

Cranswick Stock Performance

Shares of CWK opened at GBX 5,260 on Friday. Cranswick has a one year low of GBX 4,805 and a one year high of GBX 5,810. The firm has a market capitalization of £2.81 billion, a P/E ratio of 18.13, a PEG ratio of 2.62 and a beta of 0.55. 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 fifty day moving average of GBX 5,170.51 and a 200 day moving average of GBX 5,330.56.

Insider Activity

In related news, insider Mark Bottomley sold 361 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of GBX 5,545, for a total value of £20,017.45. Also, insider Christopher Aldersley acquired 3 shares of Cranswick stock in a transaction on Friday, August 21st. The shares were bought at an average cost of £5,350 per share, with a total value of £16,050. Insiders bought a total of 367 shares of company stock valued at $3,621,037 in the last quarter. Company insiders own 2.55% of the company’s stock.

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.