Shares of Cranswick plc (LON:CWK) have earned an average rating of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 3,195 ($44.80).

Several analysts have recently weighed in on the company. Numis Securities raised their target price on Cranswick from GBX 3,350 ($46.97) to GBX 3,450 ($48.37) and gave the company an “add” rating in a research note on Thursday, February 1st. Peel Hunt raised their target price on Cranswick from GBX 2,800 ($39.26) to GBX 3,000 ($42.06) and gave the company a “hold” rating in a research note on Thursday, February 1st. Liberum Capital restated a “hold” rating and set a GBX 3,300 ($46.27) target price on shares of Cranswick in a research note on Thursday, February 1st. Berenberg Bank raised their target price on Cranswick from GBX 3,450 ($48.37) to GBX 3,525 ($49.43) and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, Shore Capital restated a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 28th.

Shares of Cranswick (CWK) remained flat at $GBX 3,030 ($42.48) during midday trading on Friday. 79,475 shares of the company’s stock were exchanged, compared to its average volume of 56,411. Cranswick has a 12 month low of GBX 2,299 ($32.23) and a 12 month high of GBX 3,497.81 ($49.04). The stock has a market capitalization of $1,540.00 and a price-to-earnings ratio of 2,312.98.

Cranswick (LON:CWK) last announced its quarterly earnings results on Tuesday, November 28th. The company reported GBX 70 ($0.98) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 67.20 ($0.94) by GBX 2.80 ($0.04). Cranswick had a return on equity of 16.34% and a net margin of 4.98%. The firm had revenue of £714.60 million during the quarter.

The firm also recently announced a dividend, which was paid on Friday, January 26th. Stockholders of record on Thursday, December 7th were paid a dividend of GBX 15.10 ($0.21) per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a dividend yield of 0.48%.

In other Cranswick news, insider Mark Bottomley bought 618 shares of the stock in a transaction dated Wednesday, January 17th. The stock was bought at an average cost of GBX 3,213 ($45.05) per share, for a total transaction of £19,856.34 ($27,841.19).

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Cranswick Company Profile

Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.

Analyst Recommendations for Cranswick (LON:CWK)

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