Cranswick plc (CWK) Receives Consensus Rating of “Buy” from Brokerages
Shares of Cranswick plc (LON:CWK) have received a consensus recommendation of “Buy” from the nine analysts that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 2,800 ($36.95).
CWK has been the subject of a number of recent analyst reports. Liberum Capital reiterated a “hold” rating and set a GBX 2,990 ($39.46) target price on shares of Cranswick plc in a research report on Monday, July 3rd. Whitman Howard reiterated a “hold” rating and set a GBX 2,460 ($32.46) target price on shares of Cranswick plc in a research report on Thursday, July 20th. Peel Hunt reiterated a “hold” rating and set a GBX 2,600 ($34.31) target price on shares of Cranswick plc in a research report on Monday, July 24th. Berenberg Bank reiterated a “buy” rating and set a GBX 3,225 ($42.56) target price on shares of Cranswick plc in a research report on Tuesday, July 25th. Finally, Numis Securities Ltd reiterated a “hold” rating and set a GBX 2,870 ($37.87) target price on shares of Cranswick plc in a research report on Tuesday, July 25th.
In other Cranswick plc news, insider Mark Bottomley purchased 28 shares of the stock in a transaction dated Wednesday, September 20th. The stock was bought at an average price of GBX 2,787 ($36.78) per share, with a total value of £780.36 ($1,029.77).
Cranswick plc (CWK) opened at 3091.70 on Friday. Cranswick plc has a 1-year low of GBX 2,092.35 and a 1-year high of GBX 3,103.00. The firm’s 50-day moving average price is GBX 3,003.54 and its 200 day moving average price is GBX 2,891.70. The firm’s market capitalization is GBX 1.56 billion.
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About Cranswick plc
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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