Cranswick (LON:CWK) Given “Hold” Rating at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Cranswick (LON:CWK) in a report published on Monday, MarketBeat.com reports. They currently have a GBX 400 ($5.19) price target on the stock.

Separately, Shore Capital reissued a “house stock” rating on shares of Cranswick in a report on Thursday, March 20th.

Cranswick Trading Up 1.3 %

Shares of Cranswick stock opened at GBX 4,940 ($64.15) on Monday. Cranswick has a twelve month low of GBX 4,005 ($52.01) and a twelve month high of GBX 5,260 ($68.30). The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98. The business has a 50-day moving average price of GBX 4,947.97 and a 200-day moving average price of GBX 4,949.65. The firm has a market cap of £2.66 billion, a price-to-earnings ratio of 23.51, a PEG ratio of 2.62 and a beta of 0.44.

Insider Buying and Selling

In related news, insider Jim Brisby sold 7,000 shares of the business’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($65.07), for a total transaction of £350,770 ($455,486.30). 4.54% of the stock is owned by corporate insiders.

Cranswick Company Profile

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.