Cranswick plc Rating Increased to Add at Numis Securities Ltd (CWK)
Cranswick plc (LON:CWK) was upgraded by investment analysts at Numis Securities Ltd to an “add” rating in a note issued to investors on Tuesday. The firm currently has a GBX 1,326 ($22.30) price objective on the stock, up from their previous price objective of GBX 1,260 ($21.19). Numis Securities Ltd’s price objective suggests a potential upside of 13.04% from the stock’s previous close.
CWK has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of Cranswick plc in a research note on Monday. They now have a GBX 1,390 ($23.38) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Cranswick plc in a research note on Tuesday, May 13th. They now have a GBX 1,360 ($22.88) price target on the stock. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 1,305.50 ($21.96).
Shares of Cranswick plc (LON:CWK) opened at 1183.00 on Tuesday. Cranswick plc has a 52 week low of GBX 1050.00 and a 52 week high of GBX 1321.00. The stock’s 50-day moving average is GBX 1240. and its 200-day moving average is GBX 1218.. The company’s market cap is £575.3 million.
The company also recently declared a dividend, which is scheduled for Friday, September 5th. Investors of record on Wednesday, July 2nd will be given a dividend of GBX 22 ($0.37) per share. This represents a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, July 2nd.
Cranswick plc is focused on the supply of fresh and processed food to the United Kingdom food retail, food manufacturing and food service categories.
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