Cranswick (LON:CWK) Insider Sells £1,759.29 in Stock

Key Points

• Insider sale: Director Adam Couch sold 347 Cranswick shares on March 23 at GBX 507 each for a total of £1,759.29.
• Shares fell GBX 90 to GBX 5,090 on heavy trading (1.45m shares vs. average 397.9k), trading below the 50‑day moving average (GBX 5,253.58) but near the 200‑day average (GBX 5,089.36).
• Analysts maintain a generally positive view with an average rating of Moderate Buy, an average target of GBX 5,790, and three Buy vs one Hold recommendation.

Cranswick plc (LON:CWK - Get Free Report) insider Adam Couch sold 347 shares of the firm's stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of GBX 507, for a total value of £1,759.29.

Cranswick Stock Performance

Shares of Cranswick stock traded down GBX 90 on Monday, reaching GBX 5,090. 1,449,213 shares of the stock were exchanged, compared to its average volume of 397,901. The business has a 50 day moving average price of GBX 5,253.58 and a two-hundred day moving average price of GBX 5,089.36. The firm has a market capitalization of £2.72 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 2.62 and a beta of 0.59. Cranswick plc has a twelve month low of GBX 4,590 and a twelve month high of GBX 5,590. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CWK. Berenberg Bank reissued a "hold" rating and set a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft lifted their price objective on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a "buy" rating in a research note on Tuesday, November 25th. Jefferies Financial Group restated a "buy" rating on shares of Cranswick in a research note on Monday, February 2nd. Peel Hunt reaffirmed a "buy" rating and set a GBX 5,500 target price on shares of Cranswick in a report on Tuesday, November 25th. Finally, Shore Capital Group reiterated a "house stock" rating on shares of Cranswick in a research report on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price 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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