Cranswick (LON:CWK): Investec Reaffirms “Buy” Rating Today, Has a Target of GBX 1890/Share


Cranswick (LON:CWK) Rating Reaffirmed

They currently have a GBX 1890 TP on Cranswick (LON:CWK). The target price by Investec would suggest a potential upside of 7.26% from the company’s last stock close. This has been revealed to investors in a recent report on Monday morning.

From a total of 3 analysts covering Cranswick PLC (LON:CWK) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 1870 while the lowest target price is GBX 1559. The mean of all analyst targets is GBX 1812.33 with a 2.45% above today’s (GBX 1768.97) stock price. Cranswick PLC was the topic of 6 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on October 14 with “Buy” rating. Numis Securities maintained CWK stock in a recent report from October 1 with “Hold” rating.

Approximately 22,775 shares of stock traded hands. Cranswick plc (LON:CWK) has risen 18.47% since May 1, 2015 and is uptrending. It has outperformed by 19.36% the S&P500.

Cranswick (LON:CWK): Investec Reaffirms

Cranswick plc is a United Kingdom-based supplier of food products. The company has a market cap of 879.33 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 21.11 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.