Cranswick (LON:CWK) Price Target Raised to GBX 6,100

Cranswick (LON:CWK) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 6,000 to GBX 6,100 in a report issued on Tuesday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

CWK has been the topic of several other reports. Peel Hunt restated a “buy” rating and set a GBX 5,500 price target on shares of Cranswick in a report on Tuesday. Berenberg Bank lifted their target price on shares of Cranswick from GBX 5,540 to GBX 5,770 and gave the stock a “hold” rating in a research report on Tuesday. Finally, Shore Capital reissued a “house stock” rating on shares of Cranswick in a report on Tuesday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 5,790.

Cranswick Trading Up 0.6%

Shares of Cranswick stock opened at GBX 5,150.41 on Tuesday. Cranswick has a 12-month low of GBX 4,555 and a 12-month high of GBX 5,590. The firm’s 50-day moving average price is GBX 4,977.80 and its two-hundred day moving average price is GBX 5,150.14. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98. The company has a market capitalization of £2.76 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX 144.40 earnings per share for the quarter. Cranswick had a return on equity of 12.64% and a net margin of 4.35%. On average, analysts forecast that Cranswick will post 258.5590189 earnings per share for the current fiscal 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.