Craneware (LON:CRW) Receives Buy Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Craneware (LON:CRW) in a research report sent to investors on Tuesday morning,Digital Look reports. The firm currently has a GBX 2,800 ($36.25) price objective on the stock.

Separately, Shore Capital restated a “buy” rating on shares of Craneware in a research note on Tuesday.

Craneware Stock Performance

CRW traded up GBX 10.40 ($0.13) on Tuesday, hitting GBX 1,780.40 ($23.05). 37,611 shares of the company traded hands, compared to its average volume of 85,140. Craneware has a 12-month low of GBX 1,670 ($21.62) and a 12-month high of GBX 2,509.20 ($32.49). The company has a 50 day moving average of GBX 1,967.43 and a 200-day moving average of GBX 2,090.19. The company has a quick ratio of 1.00, a current ratio of 0.63 and a debt-to-equity ratio of 12.22. The stock has a market capitalization of £764.98 million, a PE ratio of 65.78 and a beta of 0.28.

Craneware Company Profile

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group’s Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.