Cranswick (LON:CWK) Sets New 1-Year High at $4,220.00

Cranswick plc (LON:CWK) hit a new 52-week high on Monday . The company traded as high as GBX 4,220 ($52.12) and last traded at GBX 4,201.01 ($51.89), with a volume of 26072 shares traded. The stock had previously closed at GBX 4,130 ($51.01).

Analysts Set New Price Targets

A number of brokerages recently weighed in on CWK. Berenberg Bank upped their price objective on Cranswick from GBX 4,694 ($57.98) to GBX 4,921 ($60.78) and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Redburn Partners began coverage on Cranswick in a research note on Wednesday, March 20th. They set a “buy” rating and a GBX 4,900 ($60.52) price objective for the company. Finally, Shore Capital restated a “house stock” rating on shares of Cranswick in a research note on Tuesday, April 2nd. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 4,405.25 ($54.41).

Cranswick Stock Performance

The business has a 50 day simple moving average of GBX 4,045.83 and a 200 day simple moving average of GBX 3,881.35. The company has a quick ratio of 1.02, a current ratio of 1.81 and a debt-to-equity ratio of 19.32. The company has a market capitalization of £2.28 billion, a PE ratio of 1,812.77, a PEG ratio of 2.62 and a beta of 0.44.

Insider Buying and Selling at Cranswick

In other Cranswick news, insider Mark Bottomley sold 400 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($51.68), for a total value of £16,736 ($20,671.94). In other news, insider Mark Bottomley sold 400 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($51.68), for a total value of £16,736 ($20,671.94). Also, insider Christopher Aldersley sold 1,330 shares of the stock in a transaction dated Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($50.52), for a total value of £54,397 ($67,189.97). 4.89% of the stock is currently owned by company insiders.

About Cranswick

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.