Peel Hunt Increases Cranswick (LON:CWK) Price Target to GBX 3,200
Cranswick (LON:CWK) had its target price hoisted by Peel Hunt from GBX 3,100 ($40.78) to GBX 3,200 ($42.09) in a research report issued to clients and investors on Tuesday, Stock Target Advisor reports. The firm currently has a “hold” rating on the stock. Peel Hunt’s target price would suggest a potential downside of 14.12% from the stock’s current price.
Several other brokerages have also commented on CWK. HSBC restated a “hold” rating on shares of Cranswick in a research note on Wednesday, January 8th. Liberum Capital increased their price target on shares of Cranswick from GBX 3,500 ($46.04) to GBX 3,800 ($49.99) and gave the stock a “buy” rating in a research note on Monday, January 27th. Finally, Shore Capital restated a “house stock” rating on shares of Cranswick in a research note on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 3,410 ($44.86).
Shares of CWK opened at GBX 3,726 ($49.01) on Tuesday. The company’s fifty day moving average is GBX 3,482.92 and its 200-day moving average is GBX 3,117.34. Cranswick has a 12 month low of GBX 2,340 ($30.78) and a 12 month high of GBX 3,842.50 ($50.55). The firm has a market cap of $1.94 billion and a price-to-earnings ratio of 26.28. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 24.05.
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: Growth Stocks
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