Christopher Aldersley Acquires 3 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley purchased 3 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average price of GBX 5,170 per share, for a total transaction of £155.10.

Christopher Aldersley also recently made the following trade(s):

• On Monday, February 23rd, Christopher Aldersley acquired 2 shares of Cranswick stock. The stock was purchased at an average cost of GBX 5,390 per share, with a total value of £107.80.
• On Wednesday, January 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was purchased at an average price of GBX 5,060 per share, with a total value of £151.80.

Cranswick Price Performance

Cranswick stock opened at GBX 5,170 on Friday. Cranswick plc has a 52 week low of GBX 4,590 and a 52 week high of GBX 5,590. The company’s 50 day moving average price is GBX 5,263.68 and its two-hundred day moving average price is GBX 5,090.34. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43. The stock has a market cap of £2.77 billion, a P/E ratio of 19.11, a P/E/G ratio of 2.62 and a beta of 0.59.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Berenberg Bank reaffirmed a “hold” rating and set a GBX 5,770 price target on shares of Cranswick in a research report on Tuesday, January 27th. Jefferies Financial Group reissued a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,790.

About Cranswick

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.