Cranswick (LON:CWK) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Cranswick (LON:CWK) in a research report released on Monday morning, Marketbeat reports. The brokerage currently has a GBX 6,200 price objective on the stock.

Other analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 6,100 price objective on shares of Cranswick in a research note on Wednesday, May 20th. Royal Bank Of Canada upgraded shares of Cranswick to an “outperform” rating and increased their price objective for the stock from GBX 5,500 to GBX 6,100 in a research note on Wednesday, May 27th. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a report on Monday. Finally, Berenberg Bank restated a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,934.

Cranswick Trading Down 0.7%

Cranswick stock opened at GBX 5,440 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.26. Cranswick has a 52 week low of GBX 4,805 and a 52 week high of GBX 5,810. The company has a market capitalization of £2.91 billion, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56. The stock has a 50-day moving average price of GBX 5,521.82 and a 200 day moving average price of GBX 5,343.89.

Cranswick (LON:CWK) last issued its earnings results on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%.The firm had revenue of GBX 298.25 billion for the quarter. Sell-side analysts anticipate that Cranswick will post 258.5590189 EPS for the current year.

Insider Activity at Cranswick

In related news, insider Jim Brisby sold 16,500 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of GBX 5,533, for a total value of £912,945. Also, insider Christopher Aldersley sold 9,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of GBX 5,470, for a total transaction of £492,300. Over the last ninety days, insiders have bought 8 shares of company stock valued at $43,689. Insiders own 2.49% of the company’s stock.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.