Cranswick plc (LON:CWK) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Cranswick plc (LON:CWK) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 4,706.40.

CWK has been the topic of a number of recent analyst reports. Royal Bank Of Canada upgraded shares of Cranswick to an “outperform” rating and boosted their price target for the company from GBX 5,500 to GBX 6,100 in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 6,100 price target on shares of Cranswick in a report on Wednesday, May 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 62 target price on shares of Cranswick in a report on Wednesday, May 20th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 price target on shares of Cranswick in a research note on Tuesday, May 26th. Finally, Shore Capital Group restated a “house stock” rating on shares of Cranswick in a research report on Tuesday, May 19th.

Cranswick Price Performance

LON:CWK opened at GBX 5,440 on Thursday. The company has a market capitalization of £2.91 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 2.62 and a beta of 0.56. The company has a debt-to-equity ratio of 23.26, a quick ratio of 1.02 and a current ratio of 1.76. Cranswick has a 52 week low of GBX 4,805 and a 52 week high of GBX 5,810. The company has a 50-day moving average of GBX 5,477.59 and a 200-day moving average of GBX 5,314.03.

Cranswick (LON:CWK) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. The company had revenue of GBX 298.25 billion for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%. As a group, equities research analysts anticipate that Cranswick will post 258.5590189 earnings per share for the current fiscal year.

Insider Buying and Selling at Cranswick

In related news, insider Jim Brisby sold 16,500 shares of Cranswick stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of GBX 5,533, for a total value of £912,945. Also, insider Christopher Aldersley sold 9,000 shares of Cranswick stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 5,470, for a total transaction of £492,300. Insiders have bought 9 shares of company stock valued at $49,059 in the last three months. 2.49% of the stock is owned by 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.