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

Key Points

• Insider buying: Cranswick insider Christopher Aldersley purchased 3 shares at £5,350 each, for a total of £16,050. He also bought shares in June and July.
• Stock performance: Cranswick shares opened at GBX 5,400 and were down 0.6%, with a 52-week range of GBX 4,805 to GBX 5,810 and a market capitalization of about £2.89 billion.
• Analyst outlook: Analysts maintain a generally positive view, with four Buy ratings and one Hold rating. The consensus rating is “Moderate Buy,” with a target price of GBX 5,974.

Cranswick plc (LON:CWK - Get Free Report) insider Christopher Aldersley purchased 3 shares of Cranswick stock in a transaction on Friday, August 21st. The shares were acquired at an average cost of £5,350 per share, for a total transaction of £16,050.

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

• On Tuesday, July 21st, Christopher Aldersley bought 2 shares of Cranswick stock. The shares were acquired at an average cost of GBX 5,415 per share, with a total value of £108.30.
• On Monday, June 22nd, Christopher Aldersley purchased 3 shares of Cranswick stock. The stock was bought at an average price of GBX 5,450 per share, with a total value of £163.50.

Cranswick Stock Down 0.6%

LON CWK opened at GBX 5,400 on Tuesday. The business has a 50 day moving average price of GBX 5,435.80 and a two-hundred day moving average price of GBX 5,372.65. Cranswick plc has a fifty-two week low of GBX 4,805 and a fifty-two week high of GBX 5,810. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.26. The stock has a market cap of £2.89 billion, a PE ratio of 18.61, a P/E/G ratio of 2.62 and a beta of 0.55.

Wall Street Analyst Weigh In

CWK has been the topic of a number of recent analyst reports. Royal Bank Of Canada raised Cranswick to an "outperform" rating and lifted their price target for the company from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 6,200 price target on shares of Cranswick in a research report on Monday, July 27th. Berenberg Bank reiterated a "hold" rating and set a GBX 5,770 price objective on shares of Cranswick in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 6,300 price target on shares of Cranswick in a research report on Tuesday, July 28th. Finally, Shore Capital Group reiterated a "house stock" rating on shares of Cranswick in a report on Friday, August 14th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 5,974.

About Cranswick

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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