Cranswick (CWK – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Andrew Wade from Jefferies maintained a Buy rating on the stock and has a £57.00 price target.
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Andrew Wade’s rating is based on Cranswick’s strong financial performance and strategic investments. The company reported a FY25 profit before tax of £197.9 million, surpassing both its own guidance and market consensus. This growth was driven by a 6.4% increase in like-for-like revenue, with notable advancements in its fresh pork and poultry segments, and an improvement in operating margins.
Furthermore, Cranswick’s substantial capital investment program, which reached a record level in FY25, underscores its commitment to growth. The recent acquisition of Blakemans, a leading sausage manufacturer, further strengthens its market position. Despite the stock’s solid performance over the past year, Wade sees continued potential for effective capital deployment, supporting his Buy rating.