Cranswick’s (CWK) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Cranswick (LON:CWK)‘s stock had its “buy” rating restated by Deutsche Bank Aktiengesellschaft in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 6,100 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 11.72% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research note on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday, January 27th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,358.

Cranswick Stock Performance

CWK stock opened at GBX 5,460 on Wednesday. The stock has a 50-day moving average price of GBX 5,267.55 and a 200-day moving average price of GBX 5,159.89. Cranswick has a 1-year low of GBX 4,805 and a 1-year high of GBX 5,620. The company has a current ratio of 1.78, a quick ratio of 1.02 and a debt-to-equity ratio of 40.43. The firm has a market cap of £2.92 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56.

Cranswick (LON:CWK) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 earnings per share (EPS) for the quarter. Cranswick had a return on equity of 14.71% and a net margin of 5.17%.The company had revenue of GBX 298.25 billion for the quarter. As a group, equities research analysts expect that Cranswick will post 258.5590189 earnings per share for the current year.

Insider Buying and Selling

In other Cranswick news, insider Adam Couch sold 347 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of GBX 507, for a total value of £1,759.29. Also, insider Mark Bottomley sold 250 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of GBX 5,097, for a total value of £12,742.50. Over the last ninety days, insiders have purchased 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 corporate insiders.

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.