Cranswick plc (LON:CWK) Receives GBX 4,706.40 Consensus Price Target from Analysts

Cranswick plc (LON:CWK) has received an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 4,706.40.

A number of equities analysts have issued reports on the company. Shore Capital Group restated a “house stock” rating on shares of Cranswick in a report on Tuesday, May 19th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 62 target price on shares of Cranswick in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 6,100 target price on shares of Cranswick in a report on Wednesday, May 20th. Berenberg Bank reiterated a “hold” rating and issued a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, May 26th. Finally, Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and increased their target price for the stock from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th.

Cranswick Price Performance

Cranswick stock opened at GBX 5,680 on Friday. The stock has a market capitalization of £3.04 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 2.62 and a beta of 0.55. Cranswick has a 52-week low of GBX 4,805 and a 52-week high of GBX 5,710. The stock’s 50 day moving average price is GBX 5,423.14 and its two-hundred day moving average price is GBX 5,262.48. 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 posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share (EPS) 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 analysts predict that Cranswick will post 258.5590189 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Christopher Aldersley sold 9,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of GBX 5,470, for a total value of £492,300. Also, insider Jim Brisby sold 16,500 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of GBX 5,533, for a total value of £912,945. Insiders purchased a total of 9 shares of company stock valued at $49,059 over the last three months. 2.49% of the stock is currently owned by insiders.

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.