Cranswick plc (LON:CWK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Cranswick plc (LON:CWK) have been assigned an average recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 5,974.

CWK has been the subject of several recent research reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 6,200 price target on shares of Cranswick in a research report on Monday, July 27th. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research note on Friday. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and increased their price objective for the company from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 6,300 target price on shares of Cranswick in a research report on Tuesday, July 28th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, July 28th.

Insider Transactions at Cranswick

In other Cranswick news, insider Christopher Aldersley sold 9,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total transaction of £492,300. Also, insider Jim Brisby sold 16,500 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of GBX 5,533, for a total transaction of £912,945. Over the last ninety days, insiders purchased 366 shares of company stock worth $2,028,799 and sold 25,861 shares worth $142,526,245. 2.55% of the stock is owned by corporate insiders.

Cranswick Stock Performance

LON:CWK opened at GBX 5,240 on Monday. The stock’s 50-day moving average is GBX 5,467.80 and its 200-day moving average is GBX 5,370.33. Cranswick has a 1-year low of GBX 4,805 and a 1-year high of GBX 5,810. 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 stock has a market cap of £2.80 billion, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56.

Cranswick (LON:CWK) last issued its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 earnings per share (EPS) for the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. The business had revenue of GBX 298.25 billion during the quarter. Equities research analysts anticipate that Cranswick will post 258.5590189 earnings per share for the current year.

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.