Berenberg Bank Cuts Craneware (LON:CRW) Price Target to GBX 1,600

Craneware (LON:CRW) had its price objective cut by Berenberg Bank from GBX 2,600 to GBX 1,600 in a research report report published on Monday,Digital Look reports. They currently have a buy rating on the stock.

Craneware Stock Up 1.7%

Shares of CRW opened at GBX 1,052 on Monday. Craneware has a 52 week low of GBX 988 and a 52 week high of GBX 2,450. The firm’s 50-day simple moving average is GBX 1,267.06 and its 200 day simple moving average is GBX 1,360.64. The company has a debt-to-equity ratio of 14.60, a quick ratio of 1.00 and a current ratio of 0.83. The firm has a market cap of £360.17 million, a P/E ratio of 16.72 and a beta of 0.28.

Insider Buying and Selling at Craneware

In other news, insider Susan Nelson acquired 1,408 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were purchased at an average cost of GBX 1,054 per share, with a total value of £14,840.32. Also, insider Will Whitehorn acquired 640 shares of the stock in a transaction on Friday, July 3rd. The shares were purchased at an average price of GBX 1,173 per share, for a total transaction of £7,507.20. Insiders have bought a total of 11,122 shares of company stock valued at $12,234,300 in the last ninety days. 10.32% of the stock is currently owned by corporate insiders.

Craneware Company Profile

For over 25 years, The Craneware Group (AIM:CRW.L) has been a leader in healthcare financial and operational transformation, delivering cutting-edge technologies that drive measurable impact. Our Trisus® cloud ecosystem unifies data, revenue intelligence, margin intelligence, and advanced analytics, enabling healthcare organizations to optimize performance, improve financial sustainability, and drive strategic growth. As a trusted Microsoft partner, we provide future-ready solutions-including the Best in KLAS Trisus Chargemaster – that simplify the complexities of healthcare finance and operations.