Cranswick (CWK) Price Target Increased to GBX 3,625 by Analysts at Berenberg Bank

Cranswick (LON:CWK) had its price target upped by Berenberg Bank from GBX 3,450 ($45.08) to GBX 3,625 ($47.37) in a report published on Friday. The firm currently has a buy rating on the stock.

Several other research firms also recently weighed in on CWK. Liberum Capital restated a hold rating on shares of Cranswick in a research note on Monday, July 30th. Peel Hunt restated a hold rating on shares of Cranswick in a research note on Monday, July 30th. Finally, Numis Securities restated an add rating on shares of Cranswick in a research note on Monday, July 30th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Cranswick presently has a consensus rating of Hold and a consensus price target of GBX 3,343.75 ($43.69).

Shares of Cranswick stock traded up GBX 40 ($0.52) during midday trading on Friday, hitting GBX 2,940 ($38.42). The company had a trading volume of 193,591 shares, compared to its average volume of 57,337. Cranswick has a 52-week low of GBX 2,355 ($30.77) and a 52-week high of GBX 3,497.81 ($45.71).

In other Cranswick news, insider Mark Bottomley sold 1,501 shares of the stock in a transaction on Friday, August 31st. The stock was sold at an average price of GBX 3,235 ($42.27), for a total transaction of £48,557.35 ($63,448.78). Also, insider Martin T. P. Davey sold 15,000 shares of the stock in a transaction on Thursday, August 16th. The shares were sold at an average price of GBX 3,340 ($43.64), for a total value of £501,000 ($654,645.24). Over the last quarter, insiders have sold 66,538 shares of company stock worth $217,608,117.

Cranswick Company Profile

Cranswick plc produces and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. It offers fresh pork, gourmet bacon and gammon, fresh chicken, and prepared chicken and poultry products, as well as gourmet sausages, cooked meats, continental foods, handmade pastries, and British charcuteries.

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