Craneware (CRW)

Sector:

Health Care

Index:

FTSE AIM 100

 1,370.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 2,675.00
  • 52 Week Low: 1,340.00
  • Currency: UK Pounds
  • Shares Issued: 35.54m
  • Volume: 57,742
  • Market Cap: £486.93m
  • RiskGrade: 185

Berenberg raises target price on Craneware following 'positive' FY results

By Iain Gilbert

Date: Tuesday 21 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg hiked their target price on software outfit Craneware from 2,420.0p to 2,750.0p on Tuesday following the group's "positive" full-year results.
Berenberg stated Craneware's full-year results were positive, being slightly ahead of figures released with its trading update back in July.

However, the German bank said the real focus was the new opportunity that stands before Craneware as an enlarged group following its acquisition of Sentry Data Systems.

"The Sentry deal has re-shaped the group and added several features to the investment case," said Berenberg. "It has a meaningful impact on Craneware's financial profile and we raise our FY22 earnings per share estimates by circa 7% on a pre-synergy basis."

Over the longer term, as Sentry reduces the pro-forma growth profile, Berenberg noted both Craneware's existing growth opportunity relating to Trisus and generating revenue synergies from Sentry will be important.

"As the group enters FY22 with high levels of visibility, it has every opportunity to make a strong start to its future with Sentry," added Berenberg, which reiterated its 'buy' rating on the stock.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Craneware Market Data

Currency UK Pounds
Share Price 1,370.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 2,675.00
52 Week Low 1,340.00
Volume 57,742
Shares Issued 35.54m
Market Cap £486.93m
RiskGrade 185

Craneware Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.15% below the market average88.15% below the market average88.15% below the market average88.15% below the market average88.15% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
83.43% below the market average83.43% below the market average83.43% below the market average83.43% below the market average83.43% below the market average
56.1% below the sector average56.1% below the sector average56.1% below the sector average56.1% below the sector average56.1% below the sector average
Income
58.97% below the market average58.97% below the market average58.97% below the market average58.97% below the market average58.97% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
52.86% below the market average52.86% below the market average52.86% below the market average52.86% below the market average52.86% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Craneware Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Mar-22 25-Nov-21
Paid 14-Apr-22 21-Dec-21
Amount 12.50p 15.50p

Trades for 20-May-2022

Time Volume / Share Price
16:35 142 @ 1,370.00p
16:35 1 @ 1,390.00p
16:35 16 @ 1,390.00p
16:00 30 @ 1,365.00p
16:00 1,792 @ 1,365.00p

Craneware Key Personnel

CEO Keith Neilson

Top of Page