Sunday share tips: Cranswick, Sumo Group
23rd Sep 2018 13:37
(Sharecast News) - In the 'Inside the City' column for the Sunday Times, Sabah Meddings wrote how Hull-based food producer Cranswick was turning 'fifth quarter' cuts of meat - a pig's ears, trotters and intestines - into lucrative business.
Read moreDirector dealings: Cranswick chairman's spouse lowers stake
21st Aug 2018 16:34
(Sharecast News) - Linda Davey, Cranswick chairman Martin Davey's wife, offloaded 15,000 ordinary shares in the FTSE 250 firm on Tuesday.
Read moreMonday broker round-up
30th Jul 2018 13:17
(Sharecast News) - Sophos Group: Numis upgrades to add with a target price of 580p.
Read moreCranswick pleased with trading as investment programme rolls on
30th Jul 2018 09:08
(Sharecast News) - Food producer Cranswick updated the market on its trading for the three months to 30 June on Monday, reporting that trading in the first quarter of the financial year was in line with its expectations.
Read moreFriday broker round-up
3rd Feb 2017 09:56
(ShareCast News) - Northgate: Barclays reiterates Neutral with a target price of 600p. Royal Dutch Shell A: Barclays reiterates Overweight with a target price of 2800p Royal Dutch Shell B: Barclays reiterates Overweight with a target price of 2800p. A.G BARR: Berenberg reiterates Hold with a targe
Read moreBroker tips: Cranswick, miners, Tullett Prebon
5th Dec 2016 12:57
(ShareCast News) - Cranswick's shares were under the cosh on Monday as Numis downgraded the food producer's stock to 'hold' from 'add' and cut the target price to 2,311p from 2,536p. While the company last week revealed a strong set of first half results, Numis noted the market's increased wariness
Read moreCranswick shares fall as Numis downgrades rating to 'hold' from 'add'
5th Dec 2016 12:38
(ShareCast News) - Cranswick's shares were under the cosh on Monday as Numis downgraded the food producer's stock to 'hold' from 'add' and cut the target price to 2,311p from 2,536p. While the company last week revealed a strong set of first half results, Numis noted the market's increased wariness
Read moreCranswick serves up juicy interim profits and dividend
29th Nov 2016 07:48
(ShareCast News) - Food producer Cranswick unveiled a succulent set of first-half numbers, with profits plumped up by acquisitions in its poultry and pork businesses, but a pinch of salt to be taken ahead of the important festive period. For the six months ended 30 September, revenue for the Yorkshi
Read moreFTSE 250 movers: Vedanta gains on outlook for zinc, Ocado loses out on Amazon deal
16th Nov 2016 15:17
(ShareCast News) - The FTSE 250 index was down 0.48% at 17,488.87 at 1604 GMT on Wednesday. Goldman Sachs upgraded Vedanta Resources from 'Neutral' to 'Buy', raised its price target from 450p to 1,300p and added it to their Conviction List, sending its shares up. The bank believes the price of zinc
Read moreCranswick buys Northern Irish pork processing business Dunbia Ballymena
16th Nov 2016 07:36
(ShareCast News) - FTSE 250 food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed sum. Cranswick said the deal enhances its pig processing capability and establishes a significant presence in Northern Ireland. Ballymena, which operates from
Read moreLiberum upgrades Cranswick after recent share price decline
11th Nov 2016 15:19
(ShareCast News) - Liberum upgraded Cranswick to 'buy' from 'hold' saying the recent de-rating presents a good buying opportunity. It noted the shares have dropped more than 15% since April to pre-Crown Chicken acquisition levels. Comparing Cranswick's share price to the FSTE 250, it has fallen by 8
Read moreCranswick Q1 sales up, sells sandwich business
25th Jul 2016 07:45
(ShareCast News) - FTSE 250 food producer Cranswick said it has made a positive start to the year, with first-quarter revenue ahead of 2015, as it announced the sale of its sandwich business to Greencore. In the three months to 30 June, revenue was 11% higher than the same period last year driven by
Read moreLower pork prices boost Cranswick full year profits
24th May 2016 07:19
(ShareCast News) - Full year pre-tax profits at food group Cranswick rose to £58.6m from £52.8m on the back of a healthy 7% jump in revenues to £1.07bn as customers continued to benefit from lower pork prices. Strong sales growth was seen across most categories including poultry from Benson Park, wh
Read moreDirectors dealings: Hilton Food Group non-exec picks up some shares as stock soars
15th Apr 2016 16:14
(ShareCast News) - Christine Cross, one of three non-executive directors at Hilton Food Group picked up £29,000-worth of stock in the company on whose board she sits at a price of 580p for each share. It was her first purchase of the group's shares. The meat processor, which operates plants in the
Read moreFTSE 250 movers: Iron ore prices push resources higher
12th Apr 2016 14:47
(ShareCast News) - The FTSE 250 remained in the black on Tuesday afternoon, as investors digested better-than-expected inflation data which reached its highest point in a year. Resources producers, including Evraz and Vedanta Resources, were on the up as iron ore prices surged towards $60 per tonne.
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