Cranswick (CWK) Given Add Rating at Numis Securities
Cranswick (LON:CWK)‘s stock had its “add” rating restated by investment analysts at Numis Securities in a report released on Thursday. They currently have a GBX 3,350 ($45.43) price target on the stock. Numis Securities’ price target would indicate a potential upside of 5.68% from the stock’s previous close.
Several other equities analysts have also commented on CWK. Whitman Howard restated a “hold” rating and set a GBX 2,700 ($36.62) price target on shares of Cranswick in a research report on Friday, September 29th. Liberum Capital restated a “hold” rating and set a GBX 2,990 ($40.55) price target on shares of Cranswick in a research report on Monday, October 9th. Shore Capital restated a “house stock” rating on shares of Cranswick in a research report on Tuesday, November 28th. Finally, Berenberg Bank upped their price target on shares of Cranswick from GBX 3,225 ($43.73) to GBX 3,450 ($46.79) and gave the stock a “buy” rating in a research report on Friday, December 15th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Cranswick has an average rating of “Hold” and an average target price of GBX 2,945 ($39.94).
Cranswick (LON CWK) traded down GBX 42 ($0.57) during trading on Thursday, hitting GBX 3,170 ($42.99). 14,915 shares of the stock traded hands, compared to its average volume of 65,559. The company has a market capitalization of $1,620.00 and a price-to-earnings ratio of 2,419.85. Cranswick has a fifty-two week low of GBX 2,226 ($30.19) and a fifty-two week high of GBX 3,497.81 ($47.43).
Cranswick 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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