Cranswick (LON:CWK) Earns Hold Rating from Berenberg Bank

Cranswick (LON:CWK)‘s stock had its “hold” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Monday, Marketbeat.com reports. They currently have a GBX 400 ($5.17) target price on the stock. Berenberg Bank’s target price would indicate a potential downside of 91.87% from the stock’s current price.

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

Cranswick Trading Up 0.2 %

LON:CWK opened at GBX 4,917.20 ($63.57) on Monday. The company has a market capitalization of £2.65 billion, a P/E ratio of 23.40, a PEG ratio of 2.62 and a beta of 0.44. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98. Cranswick has a 12 month low of GBX 3,995 ($51.65) and a 12 month high of GBX 5,260 ($68.00). The firm has a fifty day simple moving average of GBX 4,948.67 and a 200-day simple moving average of GBX 4,947.57.

Insider Buying and Selling at Cranswick

In other Cranswick news, insider Jim Brisby sold 7,000 shares of Cranswick stock in a transaction dated Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($64.78), for a total transaction of £350,770 ($453,484.16). Company insiders own 4.54% of the company’s stock.

About Cranswick

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.