Cranswick’s (CWK) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their house stock rating on shares of Cranswick (LON:CWK) in a research report released on Monday, Marketbeat.com reports.

CWK has been the subject of a number of other research reports. Berenberg Bank restated a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, May 26th. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and boosted their target price for the stock from GBX 5,500 to GBX 6,100 in a research report on Wednesday, May 27th. Jefferies Financial Group reissued a “buy” rating and set a GBX 62 target price on shares of Cranswick in a research note on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 6,100 price target on shares of Cranswick in a research note on Wednesday, May 20th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,974.

Cranswick Stock Performance

Shares of CWK opened at GBX 5,430 on Monday. The stock has a market capitalization of £2.91 billion, a P/E ratio of 18.71, a P/E/G 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 1 year low of GBX 4,805 and a 1 year high of GBX 5,810. The company’s fifty day moving average is GBX 5,517.02 and its two-hundred day moving average is GBX 5,350.86.

Cranswick (LON:CWK) last released its earnings results on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. The company had revenue of GBX 298.25 billion during the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. On average, sell-side analysts predict that Cranswick will post 258.5590189 earnings per share for the current year.

Insider Activity

In other news, insider Jim Brisby sold 16,500 shares of Cranswick stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of GBX 5,533, for a total transaction of £912,945. Also, insider Christopher Aldersley sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 5,470, for a total value of £492,300. Insiders have acquired 8 shares of company stock worth $43,689 over the last 90 days. 2.49% of the stock is currently owned by company insiders.

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.