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

Cranswick (LON:CWK)‘s stock had its “house stock” rating reissued by analysts at Shore Capital Group in a research report issued to clients and investors on Tuesday,Digital Look reports.

A number of other equities analysts have also weighed in on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, January 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 5,790.

Cranswick Stock Performance

LON:CWK opened at GBX 5,550 on Tuesday. The firm’s fifty day moving average price is GBX 5,263.55 and its 200 day moving average price is GBX 5,156.33. Cranswick has a 1-year low of GBX 4,805 and a 1-year high of GBX 5,620. The company has a debt-to-equity ratio of 40.43, a current ratio of 1.78 and a quick ratio of 1.02. The firm has a market cap of £2.97 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56.

Insider Buying and Selling at Cranswick

In other Cranswick news, insider Mark Bottomley sold 110 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of GBX 5,096, for a total transaction of £5,605.60. Also, insider Adam Couch sold 347 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of GBX 507, for a total transaction of £1,759.29. Over the last 90 days, insiders have acquired 8 shares of company stock worth $42,490 and have sold 707 shares worth $2,010,739. 2.54% of the stock is currently owned by insiders.

About Cranswick

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.