Cranswick (LON:CWK)‘s stock had its “add” rating reiterated by analysts at Numis Securities in a research note issued to investors on Thursday. They currently have a GBX 3,350 ($45.43) price objective on the stock. Numis Securities’ target price points to a potential upside of 5.68% from the company’s current price.
A number of other brokerages have also recently commented on CWK. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,990 ($40.55) target price on shares of Cranswick in a report on Tuesday, November 28th. Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a report on Tuesday, November 28th. Berenberg Bank raised their target price on Cranswick from GBX 3,225 ($43.73) to GBX 3,450 ($46.79) and gave the stock a “buy” rating in a report on Friday, December 15th. Finally, Whitman Howard reaffirmed a “hold” rating and issued a GBX 2,700 ($36.62) target price on shares of Cranswick in a report on Friday, September 29th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 2,945 ($39.94).
Cranswick (LON:CWK) traded down GBX 4 ($0.05) during midday trading on Thursday, hitting GBX 3,170 ($42.99). The stock had a trading volume of 98,129 shares, compared to its average volume of 64,643. The company has a market cap of $1,610.00 and a PE ratio of 2,419.85. Cranswick has a 12-month low of GBX 2,226 ($30.19) and a 12-month high of GBX 3,497.81 ($47.43).
In related news, insider Mark Bottomley bought 618 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The shares were bought at an average cost of GBX 3,213 ($43.57) per share, with a total value of £19,856.34 ($26,927.50).
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Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.
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