Cranswick (LON:CWK) Price Target Raised to GBX 5,770

Cranswick (LON:CWK) had its target price lifted by Berenberg Bank from GBX 5,540 to GBX 5,770 in a research note published on Tuesday morning, MarketBeat.com reports. Berenberg Bank currently has a hold rating on the stock.

Several other equities research analysts also recently weighed in on CWK. Peel Hunt restated a “buy” rating and set a GBX 5,500 price target on shares of Cranswick in a report on Tuesday. Shore Capital reissued a “house stock” rating on shares of Cranswick in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,790.

Cranswick Price Performance

CWK stock opened at GBX 5,150.41 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98. The company has a market capitalization of £2.76 billion, a PE ratio of 20.93, a P/E/G ratio of 2.62 and a beta of 0.44. The business’s fifty day moving average price is GBX 4,977.80 and its 200 day moving average price is GBX 5,150.14. Cranswick has a 12-month low of GBX 4,555 and a 12-month high of GBX 5,590.

Cranswick (LON:CWK) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 144.40 EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. On average, sell-side analysts anticipate that Cranswick will post 258.5590189 EPS for the current year.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.