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

Key Points

• Insider buying: Christopher Aldersley purchased 3 Cranswick shares at GBX 5,180 each, totaling £155.40. He has also made similar purchases in August and September.
• Stock metrics: Cranswick opened at GBX 5,200, with a market capitalization of approximately £2.78 billion and a P/E ratio of 17.92. Its one-year trading range is GBX 4,805 to GBX 5,810.
• Analyst outlook: Five analysts rate Cranswick a Buy, with a consensus price target of GBX 6,256; recent targets range from GBX 6,080 to GBX 6,600.

Cranswick plc (LON:CWK - Get Free Report) insider Christopher Aldersley acquired 3 shares of Cranswick stock in a transaction on Wednesday, October 21st. The shares were purchased at an average price of GBX 5,180 per share, for a total transaction of £155.40.

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

• On Monday, September 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The stock was acquired at an average price of GBX 5,129 per share, for a total transaction of £153.87.
• On Friday, August 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was bought at an average cost of £5,350 per share, with a total value of £16,050.

Cranswick Stock Performance

Cranswick stock opened at GBX 5,200 on Friday. The business has a 50 day moving average of GBX 5,170.51 and a 200-day moving average of GBX 5,331.06. The company has a market capitalization of £2.78 billion, a P/E ratio of 17.92, a P/E/G ratio of 2.62 and a beta of 0.55. Cranswick plc has a 1 year low of GBX 4,805 and a 1 year high of GBX 5,810. The company has a debt-to-equity ratio of 23.26, a current ratio of 1.76 and a quick ratio of 1.02.

Analysts Set New Price Targets

A number of brokerages have issued reports on CWK. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 6,300 price objective on shares of Cranswick in a research note on Tuesday, July 28th. Jefferies Financial Group reissued a "buy" rating and set a GBX 6,200 price target on shares of Cranswick in a research note on Monday, July 27th. Peel Hunt upgraded shares of Cranswick to a "buy" rating and set a GBX 6,600 price target on the stock in a report on Monday, October 12th. Berenberg Bank upgraded Cranswick to a "buy" rating and raised their price target for the company from GBX 5,770 to GBX 6,080 in a report on Tuesday, September 22nd. Finally, Shore Capital Group reissued a "house stock" rating on shares of Cranswick in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 6,256.

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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