Berenberg Bank reiterated their buy rating on shares of Cranswick plc (LON:CWK) in a research note released on Tuesday morning. The firm currently has a GBX 3,225 ($42.01) price target on the stock.
Several other research analysts have also weighed in on CWK. Liberum Capital restated a buy rating and set a GBX 2,600 ($33.87) price objective on shares of Cranswick plc in a research note on Monday, March 27th. Whitman Howard reaffirmed a hold rating and set a GBX 2,460 ($32.05) target price on shares of Cranswick plc in a report on Friday, May 19th. Peel Hunt lifted their target price on shares of Cranswick plc from GBX 2,400 ($31.27) to GBX 2,600 ($33.87) and gave the stock a hold rating in a report on Tuesday, May 23rd. Shore Capital reaffirmed a house stock rating on shares of Cranswick plc in a report on Tuesday, May 23rd. Finally, Numis Securities Ltd reaffirmed a hold rating and set a GBX 2,867 ($37.35) target price on shares of Cranswick plc in a report on Thursday, May 25th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Cranswick plc presently has a consensus rating of Buy and an average price target of GBX 2,765.71 ($36.03).
Cranswick plc (LON:CWK) traded up 0.82% during midday trading on Tuesday, reaching GBX 2934.00. 12,070 shares of the company’s stock were exchanged. Cranswick plc has a 52 week low of GBX 2,092.35 and a 52 week high of GBX 3,092.00. The firm has a 50-day moving average price of GBX 2,880.89 and a 200 day moving average price of GBX 2,615.44. The company’s market cap is GBX 1.48 billion.
The firm also recently disclosed a dividend, which will be paid on Friday, September 1st. Shareholders of record on Thursday, June 29th will be issued a GBX 31 ($0.40) dividend. The ex-dividend date of this dividend is Thursday, June 29th. This represents a yield of 1.05%. This is an increase from Cranswick plc’s previous dividend of $13.10.
In other Cranswick plc news, insider Jim Brisby sold 12,925 shares of the business’s stock in a transaction dated Friday, July 7th. The shares were sold at an average price of GBX 2,832 ($36.89), for a total value of £366,036 ($476,857.74).
Cranswick plc Company Profile
Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.
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