Cranswick (CWK) Earns “Hold” Rating from Peel Hunt
Cranswick (LON:CWK)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
CWK has been the subject of a number of other research reports. HSBC reissued a “hold” rating on shares of Cranswick in a research note on Monday, March 11th. Liberum Capital reduced their price objective on shares of Cranswick from GBX 3,300 ($43.12) to GBX 3,100 ($40.51) and set a “buy” rating for the company in a research note on Friday, February 8th. Berenberg Bank reduced their price objective on shares of Cranswick from GBX 3,550 ($46.39) to GBX 3,050 ($39.85) and set a “buy” rating for the company in a research note on Wednesday, February 20th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 3,200 ($41.81) price objective on shares of Cranswick in a research note on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Cranswick has a consensus rating of “Buy” and a consensus target price of GBX 2,926 ($38.23).
Shares of LON CWK opened at GBX 2,890 ($37.76) on Monday. The company has a market capitalization of $1.49 billion and a P/E ratio of 21.66. Cranswick has a 52-week low of GBX 2,340 ($30.58) and a 52-week high of GBX 3,502 ($45.76).
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.
Further Reading: What is the downside to momentum investing?
Receive News & Ratings for Cranswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cranswick and related companies with MarketBeat.com's FREE daily email newsletter.