Cranswick plc (CWK) Given Consensus Recommendation of “Hold” by Brokerages

Cranswick plc (LON:CWK) has been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 3,195 ($44.14).

CWK has been the topic of several research analyst reports. Liberum Capital reaffirmed a “hold” rating and issued a GBX 3,300 ($45.59) price objective on shares of Cranswick in a research note on Monday, January 15th. Berenberg Bank lifted their price objective on Cranswick from GBX 3,225 ($44.56) to GBX 3,450 ($47.67) and gave the company a “buy” rating in a research note on Friday, December 15th. Numis Securities reaffirmed an “add” rating and issued a GBX 3,350 ($46.28) price objective on shares of Cranswick in a research note on Thursday, January 18th. Finally, Peel Hunt lifted their price objective on Cranswick from GBX 2,800 ($38.68) to GBX 3,000 ($41.45) and gave the company a “hold” rating in a research note on Thursday, February 1st.

How to Become a New Pot Stock Millionaire

Shares of LON CWK remained flat at $GBX 2,844 ($39.29) during midday trading on Monday. Cranswick has a 12-month low of GBX 2,355 ($32.54) and a 12-month high of GBX 3,497.81 ($48.33).

In other news, insider Mark Bottomley sold 875 shares of Cranswick stock in a transaction dated Monday, February 12th. The stock was sold at an average price of GBX 3,054 ($42.19), for a total value of £26,722.50 ($36,919.73). Also, insider Martin T. P. Davey sold 558 shares of Cranswick stock in a transaction dated Friday, March 9th. The shares were sold at an average price of GBX 2,986 ($41.25), for a total value of £16,661.88 ($23,020.01).

ILLEGAL ACTIVITY WARNING: “Cranswick plc (CWK) Given Consensus Recommendation of “Hold” by Brokerages” was first published by WKRB News and is the property of of WKRB News. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The correct version of this article can be read at https://www.wkrb13.com/2018/04/03/cranswick-plc-cwk-given-consensus-recommendation-of-hold-by-brokerages.html.

About Cranswick

Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company 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.

Analyst Recommendations for Cranswick (LON:CWK)

Receive News & Ratings for Cranswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cranswick and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply