Cranswick’s (CWK) Hold Rating Reiterated at Berenberg Bank

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

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

Cranswick Stock Performance

Shares of CWK opened at GBX 4,940 ($64.15) on Monday. The firm has a market capitalization of £2.66 billion, a P/E ratio of 23.51, a PEG ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.98, a current ratio of 1.66 and a quick ratio of 1.02. Cranswick has a one year low of GBX 4,005 ($52.01) and a one year high of GBX 5,260 ($68.30). The business has a fifty day moving average of GBX 4,947.97 and a 200 day moving average of GBX 4,949.65.

Insider Activity

In other Cranswick news, insider Jim Brisby sold 7,000 shares of the company’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($65.07), for a total value of £350,770 ($455,486.30). Insiders own 4.54% of the company’s stock.

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.