Cranswick’s (CWK) House Stock Rating Reiterated at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Cranswick (LON:CWK) in a research note released on Tuesday morning, Marketbeat Ratings reports.

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 5,500 price objective 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 stock has an average rating of “Moderate Buy” and a consensus price target of GBX 5,790.

Cranswick Stock Up 0.6%

Shares of CWK opened at GBX 5,150.41 on Tuesday. The company’s 50-day simple moving average is GBX 4,977.80 and its 200-day simple moving average is GBX 5,150.14. The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66. Cranswick has a 1 year low of GBX 4,555 and a 1 year high of GBX 5,590. The stock 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.

Cranswick (LON:CWK) last announced its earnings results on Tuesday, November 25th. The company reported GBX 144.40 earnings per share for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. 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.