Liberum Capital restated their hold rating on shares of Cranswick (LON:CWK) in a research report sent to investors on Monday morning. They currently have a GBX 3,300 ($45.59) target price on the stock.
Other equities research analysts have also issued reports about the company. Numis Securities raised their price target on Cranswick from GBX 3,350 ($46.28) to GBX 3,450 ($47.67) and gave the stock an add rating in a research note on Thursday, February 1st. Peel Hunt raised their price target on Cranswick from GBX 2,800 ($38.68) to GBX 3,000 ($41.45) and gave the stock a hold rating in a research note on Thursday, February 1st. Berenberg Bank raised their price target on Cranswick from GBX 3,450 ($47.67) to GBX 3,525 ($48.70) and gave the stock a buy rating in a research note on Friday, February 2nd. Finally, Shore Capital reissued a house stock rating on shares of Cranswick in a research note on Tuesday, November 28th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Cranswick has a consensus rating of Hold and an average price target of GBX 3,195 ($44.14).
Cranswick (LON:CWK) opened at GBX 3,064.02 ($42.33) on Monday. The company has a market capitalization of $1,560.00 and a P/E ratio of 2,338.95. Cranswick has a 1-year low of GBX 2,299 ($31.76) and a 1-year high of GBX 3,497.81 ($48.33).
Cranswick (LON:CWK) last announced its earnings results on Tuesday, November 28th. The company reported GBX 70 ($0.97) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 67.20 ($0.93) by GBX 2.80 ($0.04). The firm had revenue of £714.60 million during the quarter. Cranswick had a return on equity of 16.34% and a net margin of 4.98%.
The firm also recently declared a dividend, which was paid on Friday, January 26th. Investors of record on Thursday, December 7th were paid a dividend of GBX 15.10 ($0.21) per share. This represents a dividend yield of 0.48%. The ex-dividend date of this dividend was Thursday, December 7th.
In other news, insider Mark Bottomley bought 618 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was acquired at an average cost of GBX 3,213 ($44.39) per share, with a total value of £19,856.34 ($27,433.46).
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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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