Christopher Aldersley Buys 3 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 3 shares of Cranswick stock in a transaction that occurred on Friday, August 21st. The stock was bought at an average price of £5,350 per share, with a total value of £16,050.

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

• On Tuesday, July 21st, Christopher Aldersley purchased 2 shares of Cranswick stock. The stock was purchased at an average cost of GBX 5,415 per share, for a total transaction of £108.30.
• On Monday, June 22nd, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was purchased at an average price of GBX 5,450 per share, with a total value of £163.50.

Cranswick Price Performance

LON CWK opened at GBX 5,400 on Tuesday. Cranswick plc has a 1 year low of GBX 4,805 and a 1 year high of GBX 5,810. The company has a fifty day simple moving average of GBX 5,435.80 and a 200 day simple moving average of GBX 5,372.65. The company has a current ratio of 1.76, a quick ratio of 1.02 and a debt-to-equity ratio of 23.26. The company has a market cap of £2.89 billion, a P/E ratio of 18.61, a P/E/G ratio of 2.62 and a beta of 0.55.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CWK shares. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a research note on Friday, August 14th. Berenberg Bank reissued a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,300 price target on shares of Cranswick in a report on Tuesday, July 28th. 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 report on Wednesday, May 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,200 price objective on shares of Cranswick in a research report on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 5,974.

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.