Key Points
- Insider sale: Cranswick director Mark Bottomley sold 250 shares on 24 March at an average price of GBX 5,097, for a total of £12,742.50.
- Analyst view & stock metrics: The stock opened at GBX 5,150 (up 1.4%), has a market cap of £2.76bn, and carries a consensus "Moderate Buy" with an average target of GBX 5,790 (three Buys, one Hold).
Cranswick plc (LON:CWK - Get Free Report) insider Mark Bottomley sold 250 shares of the business's stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of GBX 5,097, for a total value of £12,742.50.
Cranswick Trading Up 1.4%
Shares of LON CWK opened at GBX 5,150 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43. The stock's 50 day moving average price is GBX 5,258.38 and its two-hundred day moving average price is GBX 5,089.50. Cranswick plc has a 52-week low of GBX 4,590 and a 52-week high of GBX 5,590. The stock has a market capitalization of £2.76 billion, a P/E ratio of 19.03, a PEG ratio of 2.62 and a beta of 0.59.
Wall Street Analyst Weigh In
CWK has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Cranswick from GBX 6,000 to GBX 6,100 and gave the stock a "buy" rating in a research note on Tuesday, November 25th. Peel Hunt reissued a "buy" rating and set a GBX 5,500 target price on shares of Cranswick in a report on Tuesday, November 25th. Shore Capital Group reissued a "house stock" rating on shares of Cranswick in a report on Tuesday, November 25th. Berenberg Bank restated a "hold" rating and issued a GBX 5,770 price target on shares of Cranswick in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Cranswick in a report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 5,790.
Read Our Latest Stock Analysis on Cranswick
Cranswick Company Profile
(
Get Free Report)
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.
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