Cranswick (LON:CWK) Earns House Stock Rating from Shore Capital

Cranswick (LON:CWK)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a research note issued on Monday,London Stock Exchange reports.

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 5,370 ($72.16) price objective on shares of Cranswick in a research note on Monday, March 31st.

Cranswick Trading Down 0.2%

LON:CWK opened at GBX 5,308.80 ($71.34) on Monday. Cranswick has a 52 week low of GBX 4,440 ($59.66) and a 52 week high of GBX 5,590 ($75.11). The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66. The firm’s fifty day moving average is GBX 5,287.56 and its 200-day moving average is GBX 5,083.14. The firm has a market cap of £2.86 billion, a P/E ratio of 25.26, a P/E/G ratio of 2.62 and a beta of 0.44.

Cranswick (LON:CWK) last issued its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.67) EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. Equities analysts expect that Cranswick will post 258.5590189 earnings per share for the current year.

Insider Activity at Cranswick

In related news, insider Mark Bottomley sold 12,346 shares of the business’s stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of GBX 5,218 ($70.12), for a total transaction of £644,214.28 ($865,646.71). Also, insider Jim Brisby sold 4,000 shares of the stock in a transaction on Thursday, July 24th. The stock was sold at an average price of GBX 5,400 ($72.56), for a total transaction of £216,000 ($290,244.56). Over the last quarter, insiders have acquired 574 shares of company stock worth $3,025,170 and have sold 60,038 shares worth $314,037,280. Corporate insiders own 4.54% of the company’s stock.

About Cranswick

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.