Christopher Aldersley Purchases 2 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 2 shares of Cranswick stock in a transaction dated Tuesday, July 21st. The shares were bought at an average cost of GBX 5,415 per share, with a total value of £108.30.

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

• On Monday, June 22nd, Christopher Aldersley purchased 3 shares of Cranswick stock. The stock was bought at an average cost of GBX 5,450 per share, for a total transaction of £163.50.
• On Thursday, May 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The shares were bought at an average price of GBX 5,503 per share, for a total transaction of £165.09.
• On Tuesday, May 19th, Christopher Aldersley sold 9,000 shares of Cranswick stock. The stock was sold at an average price of GBX 5,470, for a total value of £492,300.

Cranswick Price Performance

CWK stock opened at GBX 5,480 on Friday. Cranswick plc has a one year low of GBX 4,805 and a one year high of GBX 5,810. The firm has a 50-day moving average of GBX 5,517.59 and a two-hundred day moving average of GBX 5,336.94. The firm has a market capitalization of £2.93 billion, a PE ratio of 18.88, a P/E/G ratio of 2.62 and a beta of 0.56. The company has a current ratio of 1.76, a quick ratio of 1.02 and a debt-to-equity ratio of 23.26.

Cranswick (LON:CWK) last released its earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. The business had revenue of GBX 298.25 billion for the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. On average, analysts forecast that Cranswick plc will post 258.5590189 earnings per share for the current year.

Analyst Upgrades and Downgrades

CWK has been the subject of a number of research analyst reports. Berenberg Bank restated a “hold” rating and issued a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, May 26th. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research report on Tuesday, May 19th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 62 price objective on shares of Cranswick in a research note on Wednesday, May 20th. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and raised their price objective for the stock from GBX 5,500 to GBX 6,100 in a research report on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 6,100 target price on shares of Cranswick in a research note on Wednesday, May 20th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 4,706.40.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.