Peel Hunt raises Cranswick rating to ‘buy’ on strong returns
Peel Hunt lifted Cranswick to ‘buy’, citing impressive returns, healthy free cash flow and a valuation near the bottom of its historical range.
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what happened
ShareCast reports that broker Peel Hunt has upgraded Cranswick to ‘buy’. The broker pointed to the company’s impressive returns and said its return on capital employed showed the strength of the business model.
Peel Hunt said a potential investment in Grimsby could almost double poultry primary-processing capacity. It also described Cranswick as performing well, with strong returns and healthy free cash flow, while arguing that the shares’ decline since the summer lacked a good reason and had created an attractive entry point.
The shares were trading at about 15 times price-to-earnings and 7.8 times EV/EBITDA for March 2028E, at the lower end of their historical range. At 1345 BST, Cranswick shares were up 2.1% at 5,090p.
why it matters
The upgrade highlights the broker’s view that Cranswick combines resilient operations, possible poultry-processing expansion and a relatively low valuation.
instruments
sources
- Peel Hunt upgrades Cranswick to ‘buy’ — ShareCast, 12 October 2026 at 12:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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