Cranswick (LON:CWK) Insider Adam Couch Sells 347 Shares

Cranswick plc (LON:CWK) insider Adam Couch sold 347 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of GBX 507, for a total transaction of £1,759.29.

Cranswick Stock Down 1.7%

CWK opened at GBX 5,090 on Tuesday. The business’s 50-day simple moving average is GBX 5,253.58 and its 200-day simple moving average is GBX 5,089.36. The company has a debt-to-equity ratio of 40.43, a quick ratio of 1.02 and a current ratio of 1.78. Cranswick plc has a one year low of GBX 4,590 and a one year high of GBX 5,590. The stock has a market capitalization of £2.72 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 2.62 and a beta of 0.59.

Wall Street Analyst Weigh In

CWK has been the subject of a number of research reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Cranswick from GBX 6,000 to GBX 6,100 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 5,500 target price on shares of Cranswick in a report on Tuesday, November 25th. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a research report on Tuesday, November 25th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Cranswick in a research note on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 5,790.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.