Shore Capital Reiterates House Stock Rating for Cranswick (LON:CWK)

Cranswick (LON:CWK)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a research note issued to investors on Tuesday,Digital Look reports.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 57 ($0.70) price target on shares of Cranswick in a report on Tuesday, December 17th.

Cranswick Trading Up 0.8 %

Shares of CWK traded up GBX 40 ($0.49) during trading hours on Tuesday, hitting GBX 4,930 ($60.79). The stock had a trading volume of 198,934 shares, compared to its average volume of 208,575. The company’s fifty day simple moving average is GBX 4,913.75 and its 200 day simple moving average is GBX 4,801.19. The firm has a market cap of £2.65 billion, a P/E ratio of 2,358.85, a P/E/G ratio of 2.62 and a beta of 0.44. Cranswick has a 12-month low of GBX 3,788 ($46.71) and a 12-month high of GBX 5,260 ($64.86). The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.02 and a current ratio of 1.66.

About Cranswick

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.