Peel Hunt Reaffirms “Hold” Rating for Cranswick (CWK)
Peel Hunt reiterated their hold rating on shares of Cranswick (LON:CWK) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports.
CWK has been the topic of a number of other reports. HSBC restated a hold rating on shares of Cranswick in a research note on Monday, March 11th. Liberum Capital dropped their price target on Cranswick from GBX 3,300 ($43.12) to GBX 3,100 ($40.51) and set a buy rating on the stock in a research note on Friday, February 8th. Berenberg Bank dropped their price target on Cranswick from GBX 3,550 ($46.39) to GBX 3,050 ($39.85) and set a buy rating on the stock in a research note on Wednesday, February 20th. Finally, Numis Securities restated a buy rating and issued a GBX 3,200 ($41.81) price target on shares of Cranswick in a research note on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 2,926 ($38.23).
CWK stock opened at GBX 2,854 ($37.29) on Monday. The firm has a market capitalization of $1.48 billion and a PE ratio of 21.39. Cranswick has a 1 year low of GBX 2,340 ($30.58) and a 1 year high of GBX 3,502 ($45.76).
In related news, insider Martin T. P. Davey sold 618 shares of Cranswick stock in a transaction on Monday, March 4th. The stock was sold at an average price of GBX 2,514 ($32.85), for a total transaction of £15,536.52 ($20,301.22). Also, insider Martin T. P. Davey sold 485 shares of Cranswick stock in a transaction on Friday, March 29th. The shares were sold at an average price of GBX 2,683 ($35.06), for a total value of £13,012.55 ($17,003.20).
Cranswick Company Profile
Cranswick plc produces and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. It offers fresh pork, gourmet bacon and gammon, fresh chicken, and prepared chicken and poultry products, as well as gourmet sausages, cooked meats, continental foods, handmade pastries, and British charcuteries.
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