Berenberg Bank Issues Positive Forecast for Craneware (LON:CRW) Stock Price

Craneware (LON:CRW) had its price target lifted by Berenberg Bank from GBX 2,800 to GBX 2,900 in a research note released on Monday, Marketbeat.com reports. They currently have a buy rating on the stock.

Separately, Shore Capital reaffirmed a “buy” rating and set a GBX 2,650 price target on shares of Craneware in a research report on Wednesday, July 16th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 2,807.

Craneware Stock Performance

Shares of CRW opened at GBX 2,330 on Monday. The stock has a 50-day moving average of GBX 2,277.29 and a two-hundred day moving average of GBX 2,021.57. Craneware has a one year low of GBX 1,330 and a one year high of GBX 2,580. The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.00 and a current ratio of 0.63. The stock has a market cap of £825.05 million, a P/E ratio of 5,482.35 and a beta of 0.28.

Craneware Company Profile

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group’s Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.