Jefferies Financial Group Reiterates Buy Rating for Cranswick (LON:CWK)

Cranswick (LON:CWK)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, MarketBeat.com reports.

A number of other equities research analysts have also recently commented on CWK. Deutsche Bank Aktiengesellschaft increased their price target on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, January 27th. Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 25th. Finally, Peel Hunt restated a “buy” rating and set a GBX 5,500 price target on shares of Cranswick in a research note on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 5,790.

Cranswick Stock Up 1.0%

CWK traded up GBX 50 during trading on Monday, hitting GBX 5,310. The stock had a trading volume of 179,523 shares, compared to its average volume of 453,630. The stock has a 50 day simple moving average of GBX 5,041.82 and a two-hundred day simple moving average of GBX 5,072.65. The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66. Cranswick has a twelve month low of GBX 4,590 and a twelve month high of GBX 5,590. The company has a market capitalization of £2.84 billion, a PE ratio of 19.62, a PEG ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK) last issued its quarterly earnings data on Tuesday, November 25th. The company reported GBX 144.40 EPS for the quarter. Cranswick had a return on equity of 12.64% and a net margin of 4.35%. On average, research analysts predict 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 more than £2.7 billion. The business employs over 15,400 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.