Shares of Cranswick plc (LON:CWK) have been given an average recommendation of “Buy” by the nine brokerages that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,765.29 ($35.23).

A number of analysts recently issued reports on CWK shares. Liberum Capital reissued a “hold” rating and set a GBX 2,990 ($38.09) price objective on shares of Cranswick plc in a research report on Monday. Peel Hunt lifted their price objective on Cranswick plc from GBX 2,400 ($30.58) to GBX 2,600 ($33.13) and gave the company a “hold” rating in a research report on Tuesday, May 23rd. Berenberg Bank reissued a “buy” rating and set a GBX 2,850 ($36.31) price objective on shares of Cranswick plc in a research report on Monday, May 1st. Numis Securities Ltd reissued a “hold” rating and set a GBX 2,867 ($36.53) price objective on shares of Cranswick plc in a research report on Thursday, May 25th. Finally, Whitman Howard reissued a “hold” rating and set a GBX 2,460 ($31.34) price objective on shares of Cranswick plc in a research report on Friday, May 19th.

Shares of Cranswick plc (LON:CWK) traded down 1.71% during midday trading on Friday, reaching GBX 2867.00. The company’s stock had a trading volume of 61,059 shares. The stock has a 50-day moving average price of GBX 2,883.27 and a 200 day moving average price of GBX 2,524.51. Cranswick plc has a 52 week low of GBX 1,950.37 and a 52 week high of GBX 3,092.00. The stock’s market capitalization is GBX 1.44 billion.

The business also recently announced a dividend, which will be paid on Friday, September 1st. Shareholders of record on Thursday, June 29th will be issued a dividend of GBX 31 ($0.39) per share. This is a positive change from Cranswick plc’s previous dividend of $13.10. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, June 29th.

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Cranswick plc Company Profile

Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.

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