Peel Hunt upgrades Cranswick stock to Buy and raises target to GBp 6,600

Published on 10/13/2026 at 05:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Peel Hunt sees first-half volume up 6.00 percent and profit before tax up 8.00 percent. Results for Cranswick stock are due November 24, 2026.

Key points in brief

Peel Hunt upgraded Cranswick to Buy and lifted its price target from GBp 6,100 to GBp 6,600 on October 12, 2026.
The broker cited expected first-half volume growth of 6.00 percent and profit before tax growth of 8.00 percent.
Cranswick reported 5.50 percent revenue growth for the 13 weeks ended June 27, 2026, with volume up 8.20 percent.
The next results are scheduled for November 24, 2026.

Moderne Lebensmittelfabrik von Cranswick plc mit Silos und Lastwagen in ländlicher Umgebung — Cranswick plc GB0002333333 zeigt moderne Fleischverarbeitungsanlage mit Silos und Lastwagen auf britischem Land, Illustration mit AI erstellt.

Peel Hunt upgraded Cranswick stock from Add to Buy and raised its price target from GBp 6,100 to GBp 6,600 on October 12, 2026. The broker also cited expected first-half volume growth of 6.00 percent and profit before tax growth of 8.00 percent.

What changed on October 12?

According to Sharecast on October 12, 2026, Peel Hunt linked its upgrade to customer growth in fresh foods, market share gains and the company's returns. The broker also highlighted a potential investment in Grimsby that could nearly double poultry primary processing.

The target increase of GBp 500 represents an 8.20 percent rise from GBp 6,100 to GBp 6,600. The forecast comparison is central to the upgrade: expected profit before tax growth of 8.00 percent is higher than projected first-half volume growth of 6.00 percent.

Three milestones shape the story

For the 13 weeks ended June 27, 2026, Cranswick's reported revenue rose 5.50 percent year over year and volume increased 8.20 percent, according to The Poultry Site. The same report said like-for-like revenue rose 4.00 percent, while Eye fresh poultry capacity increased 25.00 percent.

On October 5, 2026, Cranswick said its operations supported 49,900 UK jobs, including 16,500 direct employees, and contributed GBP 3.3 billion to the UK economy. The company also reported GBP 850 million in UK tax contributions for the previous year.

The October 12, 2026, Peel Hunt upgrade is the latest of the three milestones and adds a valuation argument to the operating figures. The broker placed the shares at 15.00 times earnings and 7.80 times enterprise value to EBITDA for March 2028 estimates, below its stated historical ranges.

Results date anchors the next catalyst

TradingView lists November 24, 2026, as Cranswick's next earnings date and shows 10 analysts in its rating panel. The date gives the market a clear point at which the volume and profit forecasts can be measured against reported results.

The further course of trading is shown by the continuously updated real-time quote of Cranswick stock.