Cranswick (LON:CWK) Research Coverage Started at Liberum Capital

Share on StockTwits

Liberum Capital started coverage on shares of Cranswick (LON:CWK) in a report published on Tuesday morning, Digital Look reports. The firm issued a buy rating and a GBX 3,800 ($49.99) price objective on the stock.

Other analysts also recently issued research reports about the stock. Shore Capital restated a house stock rating on shares of Cranswick in a report on Wednesday, January 15th. Peel Hunt raised their price target on shares of Cranswick from GBX 3,100 ($40.78) to GBX 3,200 ($42.09) and gave the stock a hold rating in a report on Tuesday. Finally, HSBC restated a hold rating on shares of Cranswick in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Cranswick presently has a consensus rating of Hold and an average target price of GBX 3,410 ($44.86).

Shares of LON CWK opened at GBX 3,806.22 ($50.07) on Tuesday. The company has a 50 day simple moving average of GBX 3,491.52 and a 200-day simple moving average of GBX 3,123.76. The company has a market capitalization of $1.98 billion and a P/E ratio of 26.84. The company has a debt-to-equity ratio of 24.05, a current ratio of 1.64 and a quick ratio of 1.11. Cranswick has a 1 year low of GBX 2,454 ($32.28) and a 1 year high of GBX 3,842.50 ($50.55).

The company also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, December 12th were issued a dividend of GBX 16.70 ($0.22) per share. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 0.52%. Cranswick’s dividend payout ratio is currently 0.40%.

About Cranswick

Cranswick plc produces and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. It offers fresh pork, gourmet bacon and gammon, fresh chicken, and prepared chicken and poultry products, as well as gourmet sausages, cooked meats, continental foods, handmade pastries, and British charcuteries.

Featured Story: Penny Stocks, What You Need To Know

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.