Whitman Howard Reaffirms Hold Rating for Cranswick plc (CWK)
Cranswick plc (LON:CWK)‘s stock had its “hold” rating reiterated by stock analysts at Whitman Howard in a report released on Thursday. They presently have a GBX 2,460 ($32.12) target price on the stock. Whitman Howard’s price objective would suggest a potential downside of 13.47% from the company’s previous close.
Other equities research analysts have also issued research reports about the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,850 ($37.22) price target on shares of Cranswick plc in a research note on Monday, May 1st. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,600 ($33.95) price target on shares of Cranswick plc in a research note on Monday, March 27th. Peel Hunt lifted their price target on Cranswick plc from GBX 2,400 ($31.34) to GBX 2,600 ($33.95) and gave the stock a “hold” rating in a research note on Tuesday, May 23rd. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 2,867 ($37.44) price target on shares of Cranswick plc in a research note on Thursday, May 25th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Cranswick plc has a consensus rating of “Buy” and a consensus price target of GBX 2,765.29 ($36.11).
Cranswick plc (CWK) traded up 0.32% during trading on Thursday, reaching GBX 2843.00. The company’s stock had a trading volume of 32,390 shares. The stock has a 50-day moving average price of GBX 2,880.89 and a 200 day moving average price of GBX 2,605.56. Cranswick plc has a 52-week low of GBX 2,092.35 and a 52-week high of GBX 3,092.00. The company’s market cap is GBX 1.43 billion.
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In other news, insider Jim Brisby sold 12,925 shares of the business’s stock in a transaction dated Friday, July 7th. The stock was sold at an average price of GBX 2,832 ($36.98), for a total value of £366,036 ($477,978.58).
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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