Cranswick Rating Reiterated by Numis Securities Ltd (CWK)
Cranswick (LON:CWK)‘s stock had its “hold” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports. They currently have a GBX 1,215 ($20.02) price objective on the stock. Numis Securities Ltd’s price objective points to a potential downside of 8.02% from the stock’s previous close.
Shares of Cranswick (LON:CWK) traded up 6.28% on Friday, hitting GBX 1321.00. The stock had a trading volume of 28,017 shares. Cranswick has a 52-week low of GBX 964.50 and a 52-week high of GBX 1321.00. The stock has a 50-day moving average of GBX 1216. and a 200-day moving average of GBX 1155.. The company’s market cap is £642.4 million.
A number of other firms have also recently commented on CWK. Analysts at Panmure Gordon raised their price target on shares of Cranswick from GBX 1,140 ($18.78) to GBX 1,200 ($19.77) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Investec raised their price target on shares of Cranswick from GBX 1,275 ($21.01) to GBX 1,315 ($21.67) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at N+1 Singer raised their price target on shares of Cranswick from GBX 1,153 ($19.00) to GBX 1,274 ($20.99) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,217.83 ($20.07).
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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