Cranswick plc (LON:CWK)‘s stock had its “hold” rating reaffirmed by analysts at Peel Hunt in a note issued to investors on Monday. They currently have a GBX 2,600 ($33.87) price objective on the stock. Peel Hunt’s price target would indicate a potential downside of 10.65% from the company’s current price.
Several other brokerages also recently commented on CWK. Liberum Capital reaffirmed a “hold” rating and set a GBX 2,990 ($38.95) target price on shares of Cranswick plc in a report on Monday, July 3rd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,850 ($37.13) target price on shares of Cranswick plc in a report on Monday, May 1st. 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. 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. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Cranswick plc in a report on Tuesday, May 23rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 2,765.71 ($36.03).
Shares of Cranswick plc (LON:CWK) opened at 2910.00 on Monday. Cranswick plc has a 12-month low of GBX 2,092.35 and a 12-month 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 stock’s market cap is GBX 1.47 billion.
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In related news, insider Jim Brisby sold 12,925 shares of the stock in a transaction dated Friday, July 7th. The stock was sold at an average price of GBX 2,832 ($36.89), for a total value of £366,036 ($476,857.74).
About Cranswick plc
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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