Peel Hunt Reiterates Buy Rating for Craneware (LON:CRW)

Key Points

• Peel Hunt has reiterated a "buy" rating for Craneware (LON:CRW), maintaining a price target of GBX 2,871, which suggests a potential upside of 24.29% from its current price.
• Berenberg Bank has also raised their price target for Craneware from GBX 2,800 to GBX 2,900, indicating growing confidence in the company's performance.
• Craneware currently holds an average rating of "Buy" among analysts, with a consensus price target of GBX 2,807.

Craneware (LON:CRW - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Peel Hunt in a report issued on Monday,Digital Look reports. They presently have a GBX 2,871 price target on the stock. Peel Hunt's price target indicates a potential upside of 24.29% from the company's current price.

Other equities research analysts have also issued research reports about the stock. Berenberg Bank upped their price target on shares of Craneware from GBX 2,800 to GBX 2,900 and gave the company a "buy" rating in a research report on Monday. Shore Capital reaffirmed a "buy" rating and set a GBX 2,650 price objective on shares of Craneware in a report on Wednesday, July 16th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Craneware currently has an average rating of "Buy" and a consensus price target of GBX 2,807.

Craneware Price Performance

CRW opened at GBX 2,310 on Monday. The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.00 and a current ratio of 0.63. The stock has a market capitalization of £817.97 million, a P/E ratio of 5,435.29 and a beta of 0.28. The company's 50-day simple moving average is GBX 2,275.63 and its two-hundred day simple moving average is GBX 2,018.28. Craneware has a 52-week low of GBX 1,330 and a 52-week high of GBX 2,580.

Craneware Company Profile

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group's Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.

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