Cranswick Given “Buy” Rating at Investec (CWK)
Cranswick (LON:CWK)‘s stock had its “buy” rating restated by stock analysts at Investec in a report issued on Monday, Analyst Ratings News reports. They currently have a GBX 1,230 ($19.73) price objective on the stock. Investec’s target price indicates a potential upside of 7.33% from the company’s current price.
Shares of Cranswick (LON:CWK) opened at 1097.00 on Monday. Cranswick has a 52 week low of GBX 714.806 and a 52 week high of GBX 1200.00. The stock’s 50-day moving average is GBX 1146.31 and its 200-day moving average is GBX 1099.. The company’s market cap is £532.4 million.
CWK has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “buy” rating on shares of Cranswick in a research note to investors on Monday. They now have a GBX 1,200 ($19.25) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Cranswick in a research note to investors on Monday, July 29th. They now have a GBX 1,100 ($17.65) price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Cranswick presently has an average rating of “Buy” and a consensus target price of GBX 1,156.83 ($18.56).
Cranswick plc is engaged in the production and supply of food products. The Company products a range of products including fresh pork, sausages, bacon and cooked meats for sale to the food retailers.
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