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Home / Momentum / Cranswick (CWK.L) 18-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Cranswick (CWK.L) 18-02-20

Will shares in Cranswick (CWK.L) continue to rally, setting new recent highs?

 

  • Now trading at 3854p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +55% from 12 month lows.

Latest News

12 Feb:  Berenberg reiterates its buy rating on Cranswick (CWK) and increased the target price to 3850p (from 3050p).

11 Feb:  Peel Hunt reiterates its hold rating on Cranswick (CWK) and increased the target price to 3200p (from 3100p).

27 Jan:  Liberum Capital reiterates its buy rating on Cranswick (CWK) and increased the target price to 3800p (from 3500p).

17 Jan:  Peel Hunt reiterates its hold rating on Cranswick (CWK) and increased the target price to 3100p (from 3000p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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