Cranswick (LON:CWK) Insider Christopher Aldersley Acquires 3 Shares

Key Points

• Cranswick insider Christopher Aldersley bought 3 shares at GBX 5,129 each on September 21, for a total value of £153.87. He also purchased shares in July and August.
• Cranswick shares fell GBX 80 to GBX 5,080, below their 50-day and 200-day moving averages. The company has a £2.72 billion market capitalization and trades at a price-to-earnings ratio of 17.51.
• Analysts maintain a positive outlook: five analysts rate Cranswick as a Buy, with a consensus target price of GBX 6,036 versus the current price of GBX 5,080.

Cranswick plc (LON:CWK - Get Free Report) insider Christopher Aldersley acquired 3 shares of the company's stock in a transaction dated Monday, September 21st. The shares were bought at an average cost of GBX 5,129 per share, with a total value of £153.87.

Christopher Aldersley also recently made the following trade(s):

• On Friday, August 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was purchased at an average price of £5,350 per share, with a total value of £16,050.
• On Tuesday, July 21st, Christopher Aldersley acquired 2 shares of Cranswick stock. The shares were purchased at an average price of GBX 5,415 per share, with a total value of £108.30.

Cranswick Stock Performance

LON:CWK traded down GBX 80 during trading hours on Wednesday, reaching GBX 5,080. The company had a trading volume of 203,832 shares, compared to its average volume of 519,768. The firm's 50 day moving average price is GBX 5,294.07 and its 200-day moving average price is GBX 5,351.90. Cranswick plc has a 52 week low of GBX 4,805 and a 52 week high of GBX 5,810. The company has a current ratio of 1.76, a quick ratio of 1.02 and a debt-to-equity ratio of 23.26. The firm has a market cap of £2.72 billion, a price-to-earnings ratio of 17.51, a PEG ratio of 2.62 and a beta of 0.55.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CWK shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 6,300 target price on shares of Cranswick in a research note on Tuesday, July 28th. Jefferies Financial Group restated a "buy" rating and set a GBX 6,200 price target on shares of Cranswick in a research report on Monday, July 27th. Shore Capital Group restated a "house stock" rating on shares of Cranswick in a research note on Friday, August 14th. Royal Bank Of Canada upgraded shares of Cranswick to an "outperform" rating and boosted their price target for the stock from GBX 5,500 to GBX 6,100 in a research note on Wednesday, May 27th. Finally, Berenberg Bank upgraded shares of Cranswick to a "buy" rating and lifted their price target for the stock from GBX 5,770 to GBX 6,080 in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Cranswick presently has a consensus rating of "Buy" and an average target price of GBX 6,036.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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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