Smiths News (LON:SNWS – Get Free Report) had its target price lifted by Berenberg Bank from GBX 88 to GBX 110 in a report issued on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank‘s target price suggests a potential upside of 49.05% from the company’s current price.
Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 95 price target on shares of Smiths News in a report on Friday, October 16th. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, Smiths News currently has an average rating of “Buy” and an average price target of GBX 100.
View Our Latest Report on SNWS
Smiths News Trading Down 9.1%
SNWS opened at GBX 73.80 on Wednesday. Smiths News has a 1-year low of GBX 59.60 and a 1-year high of GBX 86. The stock has a market capitalization of £178.62 million, a PE ratio of 6.90, a PEG ratio of 0.29 and a beta of 0.31. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 501.69. The firm has a 50-day moving average price of GBX 73.77 and a two-hundred day moving average price of GBX 69.32.
Smiths News (LON:SNWS – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported GBX 11.30 earnings per share (EPS) for the quarter. Smiths News had a net margin of 2.59% and a return on equity of 350.65%. The company had revenue of GBX 103.62 billion for the quarter. As a group, equities analysts anticipate that Smiths News will post 10.56 earnings per share for the current fiscal year.
Smiths News Company Profile
In 1792 we started delivering the nation’s newspapers. Today, we’re proud to be the UK’s largest wholesaler of newspapers and magazines, serving 24,000 retailers from superstores to corner shops.
Service and efficiency put us at the forefront of our industry and with 55% market share we are the leading player in one of the world’s fastest-moving supply chains. Our teams go further, when others stop, striving to meet the highest standards in all we do.
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