Cranswick plc (LON:CWK) Rating Reiterated by Whitman Howard

Cranswick plc (LON:CWK)‘s stock had its “hold” rating reissued by equities researchers at Whitman Howard in a research report issued on Thursday, July 20th. They presently have a GBX 2,460 ($32.45) price objective on the stock. Whitman Howard’s price target would indicate a potential downside of 16.61% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Peel Hunt raised their price target on shares of Cranswick plc from GBX 2,400 ($31.66) to GBX 2,600 ($34.30) and gave the stock a “hold” rating in a research report on Tuesday, May 23rd. Liberum Capital cut shares of Cranswick plc to a “hold” rating and raised their target price for the company from GBX 2,600 ($34.30) to GBX 2,990 ($39.44) in a research note on Friday, May 26th. Numis Securities Ltd restated a “hold” rating and set a GBX 2,867 ($37.82) price objective on shares of Cranswick plc in a research report on Thursday, May 25th. Berenberg Bank raised their target price on shares of Cranswick plc from GBX 2,850 ($37.59) to GBX 3,225 ($42.54) and gave the stock a “buy” rating in a report on Friday, June 2nd. Finally, Shore Capital reiterated a “house stock” rating on shares of Cranswick plc in a report on Tuesday, May 23rd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 2,765.71 ($36.48).

Cranswick plc (LON CWK) traded up 0.31% during midday trading on Thursday, reaching GBX 2950.00. The company’s stock had a trading volume of 21,339 shares. The stock’s market cap is GBX 1.49 billion. The stock’s 50 day moving average price is GBX 2,866.46 and its 200-day moving average price is GBX 2,639.49. Cranswick plc has a one year low of GBX 2,092.35 and a one year high of GBX 3,092.00.

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In other news, insider Jim Brisby sold 12,925 shares of Cranswick plc stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of GBX 2,832 ($37.36), for a total value of £366,036 ($482,833.40).

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.

Analyst Recommendations for Cranswick plc (LON:CWK)

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