Cranswick (LON:CWK) Stock: Insider Christopher Aldersley Acquires 3 Shares

Cranswick plc (LON:CWK) insider Christopher Aldersley purchased 3 shares of the firm’s stock in a transaction that occurred on Wednesday, October 21st. The stock was bought at an average cost of GBX 5,180 per share, for a total transaction of £155.40.

Christopher Aldersley also recently made the following trade(s):

• On Monday, September 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The stock was purchased at an average price of GBX 5,129 per share, for a total transaction of £153.87.
• On Friday, August 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The stock was purchased at an average cost of £5,350 per share, with a total value of £16,050.

Cranswick Stock Down 0.2%

CWK stock opened at GBX 5,200 on Friday. Cranswick plc has a fifty-two week low of GBX 4,805 and a fifty-two week high of GBX 5,810. The firm has a market capitalization of £2.78 billion, a price-to-earnings ratio of 17.92, a PEG ratio of 2.62 and a beta of 0.55. The company has a debt-to-equity ratio of 23.26, a quick ratio of 1.02 and a current ratio of 1.76. The company’s 50 day moving average price is GBX 5,170.51 and its 200 day moving average price is GBX 5,331.06.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CWK. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,200 price target on shares of Cranswick in a research note on Monday, July 27th. Peel Hunt upgraded shares of Cranswick to a “buy” rating and set a GBX 6,600 target price on the stock in a report on Monday, October 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 6,300 price objective on shares of Cranswick in a research report on Tuesday, July 28th. Berenberg Bank upgraded shares of Cranswick to a “buy” rating and boosted their price objective for the stock from GBX 5,770 to GBX 6,080 in a research note on Tuesday, September 22nd. Finally, Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a report on Friday, August 14th. Five analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 6,256.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.