Cranswick plc (CWK) Receives GBX 3,195 Consensus Price Target from Brokerages
Cranswick plc (LON:CWK) has been given an average rating of “Hold” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 3,195 ($44.14).
CWK has been the topic of several research analyst reports. Liberum Capital reiterated a “hold” rating and set a GBX 3,300 ($45.59) price target on shares of Cranswick in a research note on Monday, February 12th. Berenberg Bank boosted their price target on Cranswick from GBX 3,450 ($47.67) to GBX 3,525 ($48.70) and gave the company a “buy” rating in a research note on Friday, February 2nd. Numis Securities boosted their price target on Cranswick from GBX 3,350 ($46.28) to GBX 3,450 ($47.67) and gave the company an “add” rating in a research note on Thursday, February 1st. Peel Hunt boosted their price target on Cranswick from GBX 2,800 ($38.68) to GBX 3,000 ($41.45) and gave the company a “hold” rating in a research note on Thursday, February 1st. Finally, Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 28th.
In other Cranswick news, insider Mark Bottomley sold 875 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of GBX 3,054 ($42.19), for a total transaction of £26,722.50 ($36,919.73).
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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.
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