Cranswick plc (LON:CWK) insider Martin T. P. Davey sold 485 shares of Cranswick stock in a transaction that occurred on Friday, March 29th. The stock was sold at an average price of GBX 2,683 ($35.06), for a total value of £13,012.55 ($17,003.20).
LON:CWK traded up GBX 20 ($0.26) during midday trading on Monday, reaching GBX 2,892 ($37.79). 42,002 shares of the company traded hands, compared to its average volume of 57,337. Cranswick plc has a twelve month low of GBX 2,340 ($30.58) and a twelve month high of GBX 3,502 ($45.76). The firm has a market capitalization of $1.49 billion and a P/E ratio of 21.68.
Several research analysts have recently commented on the company. Peel Hunt reiterated a “hold” rating and issued a GBX 2,600 ($33.97) target price (down previously from GBX 2,800 ($36.59)) on shares of Cranswick in a research report on Wednesday, February 6th. HSBC assumed coverage on Cranswick in a research report on Friday, January 25th. They issued a “hold” rating and a GBX 2,810 ($36.72) target price for the company. Liberum Capital reiterated a “buy” rating on shares of Cranswick in a research report on Friday, February 1st. Finally, Numis Securities reiterated a “buy” rating on shares of Cranswick in a research report on Friday, April 5th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 2,926 ($38.23).
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.
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