Cranswick PLC (LON:CWK) Rating Reaffirmed
London: In recent note issued to investors and clients on 7 December, Numis reiterated their Hold rating on Cranswick PLC (LON:CWK) shares. They now have a GBX 1851.00 price target on the firm. Numis’s target suggests a potential upside of 0.90% from the company’s closing share price.
From a total of 5 analysts covering Cranswick PLC (LON:CWK) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is GBX 1890 while the lowest target price is GBX 1600. The mean of all analyst targets is GBX 1775.4 with a -3.87% below today’s (GBX 1835.2) stock price. Cranswick PLC was the topic of 9 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. N+1 Singer upgraded shares on November 30 to “Buy” rating. Peel Hunt maintained CWK stock in a recent report from November 30 with “Hold” rating. Finally, Numis Securities maintained the stock with “Hold” rating in a report issued on an October 1.
Approximately 1,337 shares of stock traded hands. Cranswick plc (LON:CWK) has risen 21.91% since May 8, 2015 and is uptrending. It has outperformed by 22.99% the S&P500.
Cranswick plc is a United Kingdom-based supplier of food products. The company has a market cap of 917.22 million GBP. The Firm is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. It has 21.69 P/E ratio. The Firm provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.