Cranswick (LON:CWK) had its target price increased by Peel Hunt from GBX 3,000 ($39.46) to GBX 3,100 ($40.78) in a report released on Friday morning, Stock Target Advisor reports. Peel Hunt currently has a hold rating on the stock.
Several other analysts have also recently commented on the stock. Shore Capital reiterated a house stock rating on shares of Cranswick in a research note on Wednesday, January 15th. Liberum Capital reiterated a buy rating and issued a GBX 3,500 ($46.04) price objective (up previously from GBX 3,300 ($43.41)) on shares of Cranswick in a research note on Tuesday, November 26th. Finally, HSBC reiterated a hold rating on shares of Cranswick in a research note on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 3,170 ($41.70).
Shares of LON CWK opened at GBX 3,574 ($47.01) on Friday. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 24.05. Cranswick has a 52 week low of GBX 2,340 ($30.78) and a 52 week high of GBX 3,724 ($48.99). The firm has a 50-day moving average price of GBX 3,320.96 and a 200 day moving average price of GBX 3,003.08. The stock has a market capitalization of $1.86 billion and a price-to-earnings ratio of 25.20.
The business also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be paid a GBX 16.70 ($0.22) dividend. This represents a dividend yield of 0.52%. The ex-dividend date is Thursday, December 12th. Cranswick’s dividend payout ratio (DPR) is 0.40%.
Cranswick plc produces and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. It offers fresh pork, gourmet bacon and gammon, fresh chicken, and prepared chicken and poultry products, as well as gourmet sausages, cooked meats, continental foods, handmade pastries, and British charcuteries.
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