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

Cranswick plc (LON:CWK) insider Christopher Aldersley purchased 3 shares of the company’s stock in a transaction on Monday, June 22nd. The shares were purchased at an average cost of GBX 5,450 per share, for a total transaction of £163.50.

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

• On Thursday, May 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was purchased at an average cost of GBX 5,503 per share, with a total value of £165.09.
• On Tuesday, May 19th, Christopher Aldersley sold 9,000 shares of Cranswick stock. The stock was sold at an average price of GBX 5,470, for a total transaction of £492,300.
• On Tuesday, April 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The stock was purchased at an average cost of GBX 5,400 per share, for a total transaction of £162.

Cranswick Stock Performance

LON:CWK traded up GBX 20 during mid-day trading on Tuesday, hitting GBX 5,490. The stock had a trading volume of 76,814 shares, compared to its average volume of 431,446. Cranswick plc has a twelve month low of GBX 4,805 and a twelve month high of GBX 5,710. The stock has a market cap of £2.94 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 2.62 and a beta of 0.55. The company’s 50 day simple moving average is GBX 5,403.11 and its 200 day simple moving average is GBX 5,249.33. The company has a debt-to-equity ratio of 23.60, a quick ratio of 1.02 and a current ratio of 1.76.

Cranswick (LON:CWK) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. The firm had revenue of GBX 298.25 billion for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%. On average, equities research analysts forecast that Cranswick plc will post 258.5590189 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CWK shares. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research note on Tuesday, May 19th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 62 price objective on shares of Cranswick in a report on Wednesday, May 20th. Berenberg Bank reissued a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, May 26th. Royal Bank Of Canada upgraded shares of Cranswick to an “outperform” rating and raised their target price for the stock from GBX 5,500 to GBX 6,100 in a research note on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 6,100 target price on shares of Cranswick in a report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 4,706.40.

About Cranswick

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.