Cranswick plc’s (LON:CWK) “Hold” Rating Reaffirmed at Liberum Capital

Cranswick plc (LON:CWK)‘s stock had its “hold” rating reissued by equities researchers at Liberum Capital in a report released on Monday, July 31st. They presently have a GBX 2,990 ($38.82) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 1.49% from the stock’s previous close.

A number of other equities research analysts have also commented on CWK. Berenberg Bank restated a “buy” rating and set a GBX 2,850 ($37.00) price objective on shares of Cranswick plc in a report on Tuesday, April 25th. Whitman Howard restated a “hold” rating and set a GBX 2,460 ($31.94) price objective on shares of Cranswick plc in a report on Friday, May 19th. Peel Hunt raised their price objective on shares of Cranswick plc from GBX 2,400 ($31.16) to GBX 2,600 ($33.75) and gave the stock a “hold” rating in a report on Tuesday, May 23rd. Shore Capital reiterated a “house stock” rating on shares of Cranswick plc in a research note on Tuesday, May 23rd. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 2,867 ($37.22) price target on shares of Cranswick plc in a research note on Thursday, May 25th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 2,765.71 ($35.90).

Cranswick plc (LON:CWK) opened at 2946.00 on Monday. The stock’s 50 day moving average is GBX 2,880.14 and its 200 day moving average is GBX 2,687.04. The stock’s market capitalization is GBX 1.49 billion. Cranswick plc has a 12-month low of GBX 2,092.35 and a 12-month high of GBX 3,092.00.

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In related news, insider Jim Brisby sold 12,925 shares of Cranswick plc stock in a transaction dated Friday, July 7th. The shares were sold at an average price of GBX 2,832 ($36.76), for a total transaction of £366,036 ($475,186.29).

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.

Analyst Recommendations for Cranswick plc (LON:CWK)

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