Cranswick stock gets a higher GBp 6,080 price target
Published on 10/04/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cranswick stock (GB0002318888) was last at GBp 5,000 on the LSE on October 2, 2026 at 4:35 p.m. London time, down 0.60 percent from the prior close. On September 22, 2026, Investing.com reported that Berenberg upgraded the food producer from Hold to Buy and raised its price target.
Berenberg raises target 5.4 percent
Berenberg increased the target from GBp 5,770 to GBp 6,080 on September 22, 2026, a 5.4 percent increase. The new target lies 21.6 percent above Cranswick's October 2 price, giving the broker's poultry investment thesis a clear numerical benchmark.
The upgrade followed a September 15 visit to Cranswick's poultry facility in Suffolk. Berenberg linked the revised view to capacity expansion and demand for UK meat, while its FY2027 valuation reference was 15.7 times expected earnings, down from 19 times two years earlier.
Q1 revenue rises 5.5 percent
For the 13 weeks to June 27, 2026, group revenue rose 5.5 percent from the same period a year earlier, with volume growth of 8.2 percent. The Poultry Site reported that like-for-like revenue increased 4.0 percent and like-for-like volume rose 6.4 percent in the first quarter.
Cranswick also increased capacity at its Eye fresh poultry facility by 25 percent during the quarter. The company said its outlook for the fiscal year ending March 27, 2027, remains in line with current market expectations, according to The Poultry Site.
Stock stays below yearly high
At GBp 5,000 on October 2, 2026, the stock stood 13.9 percent below its 52-week high of GBp 5,810 and above its 52-week low of GBp 4,775. Trading volume was 180,028 shares, while market capitalization stood at GBP 2.7 billion.
Cranswick describes itself as a British supplier of fresh and added-value food products, operating 23 production facilities with more than 16,500 employees, according to its investor information. For investors, the central test is whether the poultry capacity investment converts the current volume growth into earnings growth through fiscal 2027.
Cranswick stock at a glance
- Company: Cranswick plc
- ISIN: GB0002318888
- Ticker: CWK
- Trading venue: LSE
- Price (as of October 2, 2026, 4:35 p.m. London time): GBp 5,000
- Market capitalization: GBP 2.7 billion (as of October 2, 2026)
- 52-week range: GBp 4,775-5,810 (as of October 2, 2026)
- Sector / Industry: Consumer Staples / Food Processing
- Index membership: FTSE 250
