Cranswick Price Target Cut to GBX 1,140 by Analysts at Panmure Gordon (CWK)
Investment analysts at Panmure Gordon cut their target price on shares of Cranswick (LON:CWK) from GBX 1,200 ($19.25) to GBX 1,140 ($18.29) in a note issued to investors on Monday, StockRatingsNetwork reports. The firm currently has a “hold” rating on the stock. Panmure Gordon’s price target indicates a potential downside of 0.52% from the company’s current price.
Shares of Cranswick (LON:CWK) opened at 1097.55 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 £532.6 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of Cranswick in a research note to investors on Monday. They now have a GBX 1,230 ($19.73) price target on the stock. Separately, 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. Finally, 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. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,146.83 ($18.40).
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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