Cranswick (LON:CWK) Insider Buys £155.40 in Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley purchased 3 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was bought at an average cost of GBX 5,180 per share, for a total transaction of £155.40.

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

• On Monday, September 21st, Christopher Aldersley purchased 3 shares of Cranswick stock. The stock was bought at an average cost of GBX 5,129 per share, with a total value of £153.87.
• On Friday, August 21st, Christopher Aldersley purchased 3 shares of Cranswick stock. The stock was bought at an average cost of £5,350 per share, with a total value of £16,050.

Cranswick Stock Performance

LON:CWK opened at GBX 5,260 on Monday. Cranswick plc has a fifty-two week low of GBX 4,805 and a fifty-two week high of GBX 5,810. The stock has a market capitalization of £2.81 billion, a PE ratio of 18.13, a P/E/G ratio of 2.62 and a beta of 0.55. The company has a debt-to-equity ratio of 23.26, a quick ratio of 1.02 and a current ratio of 1.76. The company has a fifty day moving average of GBX 5,170.51 and a two-hundred day moving average of GBX 5,331.13.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Berenberg Bank raised Cranswick to a “buy” rating and upped their price objective for the company from GBX 5,770 to GBX 6,080 in a research note on Tuesday, September 22nd. Peel Hunt upgraded Cranswick to a “buy” rating and set a GBX 6,600 target price on the stock in a research note on Monday, October 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,300 target price on shares of Cranswick in a report on Tuesday, July 28th. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research note on Friday, August 14th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 6,256.

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.