Cranswick (LON:CWK) Insider Mark Bottomley Sells 250 Shares

Key Points

• Insider sale: Director Mark Bottomley sold 250 Cranswick shares on March 24 at an average price of GBX 5,097, netting £12,742.50.
• Market snapshot: CWK opened at GBX 5,126.60 with a 50‑day SMA of GBX 5,253.58 and 200‑day SMA of GBX 5,089.36; the company has a market cap of £2.74bn and a P/E of 18.95.
• Analyst view: Three analysts rate the stock as Buy and one as Hold, giving a consensus "Moderate Buy" with an average price target of GBX 5,790 (Deutsche Bank raised its target to GBX 6,100).

Cranswick plc (LON:CWK - Get Free Report) insider Mark Bottomley sold 250 shares of the business's stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of GBX 5,097, for a total value of £12,742.50.

Cranswick Trading Up 0.9%

CWK opened at GBX 5,126.60 on Tuesday. The business has a 50 day simple moving average of GBX 5,253.58 and a two-hundred day simple moving average of GBX 5,089.36. The firm has a market capitalization of £2.74 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 2.62 and a beta of 0.59. The company has a debt-to-equity ratio of 40.43, a current ratio of 1.78 and a quick ratio of 1.02. Cranswick plc has a one year low of GBX 4,590 and a one year high of GBX 5,590.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft upped their target price on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a "buy" rating in a report on Tuesday, November 25th. Peel Hunt reissued a "buy" rating and set a GBX 5,500 price objective on shares of Cranswick in a research report on Tuesday, November 25th. Shore Capital Group restated a "house stock" rating on shares of Cranswick in a report on Tuesday, November 25th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Cranswick in a research report on Monday, February 2nd. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 5,770 target price on shares of Cranswick in a research note on Tuesday, January 27th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 5,790.

About Cranswick

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.

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