Shore Capital Reiterates “House Stock” Rating for Cranswick (LON:CWK)

Cranswick (LON:CWK)‘s stock had its “house stock” rating reaffirmed by stock analysts at Shore Capital in a research report issued on Tuesday,London Stock Exchange reports.

Separately, Peel Hunt restated a “buy” rating and set a GBX 5,500 price objective on shares of Cranswick in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Cranswick presently has an average rating of “Moderate Buy” and an average target price of GBX 5,435.

Cranswick Stock Up 3.3%

Shares of Cranswick stock traded up GBX 165 during trading hours on Tuesday, reaching GBX 5,160. 2,653,061 shares of the company were exchanged, compared to its average volume of 166,810. The stock’s fifty day moving average is GBX 4,974.78 and its 200 day moving average is GBX 5,151.76. 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 1 year low of GBX 4,555 and a 1 year high of GBX 5,590. The firm has a market cap of £2.76 billion, a PE ratio of 20.97, a PEG ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 144.40 EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. As a group, equities research analysts forecast 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.