Trade Report: Today, Peel Hunt Reaffirmed Hold Rating for Cranswick plc (CWK)

Today, Peel Hunt Reaffirmed Hold Rating for Cranswick plc (CWK)

Cranswick plc (LON:CWK)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a research report issued on Tuesday. They presently have a GBX 2,050 ($25.43) price objective on the stock. Peel Hunt’s price objective suggests a potential downside of 8.82% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Numis Securities Ltd raised shares of Cranswick plc to an “add” rating and set a GBX 2,456 ($30.47) target price for the company in a report on Thursday, November 3rd. Investec boosted their price target on shares of Cranswick plc from GBX 2,540 ($31.51) to GBX 2,565 ($31.82) and gave the stock a “buy” rating in a research note on Tuesday. Liberum Capital reiterated a “hold” rating and set a GBX 2,500 ($31.01) price target on shares of Cranswick plc in a research note on Monday, October 31st. Finally, Davy Research began coverage on shares of Cranswick plc in a research note on Wednesday, November 9th. They set an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 2,430.20 ($30.15).

Cranswick plc (LON:CWK) opened at 2371.00 on Tuesday. The firm has a 50-day moving average of GBX 2,274.50 and a 200-day moving average of GBX 2,288.22. Cranswick plc has a 1-year low of GBX 1,725.00 and a 1-year high of GBX 2,608.91. The stock’s market capitalization is GBX 1.18 billion.

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