Cranswick’s (CWK) “Hold” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Cranswick (LON:CWK) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. The brokerage currently has a GBX 5,770 target price on the stock.

Other research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Peel Hunt restated a “buy” rating and set a GBX 5,500 price target on shares of Cranswick in a report on Tuesday, November 25th. Finally, Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 25th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,790.

Cranswick Trading Down 0.4%

Shares of LON CWK opened at GBX 5,250 on Tuesday. Cranswick has a 1 year low of GBX 4,590 and a 1 year high of GBX 5,590. The company has a debt-to-equity ratio of 13.98, a current ratio of 1.66 and a quick ratio of 1.02. The firm has a 50-day moving average of GBX 5,035.42 and a 200 day moving average of GBX 5,075.66. The stock has a market cap of £2.81 billion, a P/E ratio of 19.40, a price-to-earnings-growth 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%. As a group, sell-side analysts expect that Cranswick will post 258.5590189 EPS 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.