Smiths News Plc Now Covered by Analysts at Evercore Partners (NWS)
Stock analysts at Evercore Partners began coverage on shares of Smiths News Plc (LON:NWS) in a report issued on Tuesday, AnalystRatingsNetwork.com reports. The firm set an “equal weight” rating and a GBX 18 ($0.29) price target on the stock. Evercore Partners’ price target would indicate a potential downside of 91.07% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Smiths News Plc (LON:NWS) from GBX 213 ($3.44) to GBX 236 ($3.81) in a research note to investors on Wednesday, September 25th. They now have an “overweight” rating on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Smiths News Plc (LON:NWS) in a research note to investors on Friday, August 30th. They now have a GBX 203 ($3.28) price target on the stock. Finally, analysts at UBS AG initiated coverage on shares of Smiths News Plc (LON:NWS) in a research note to investors on Monday, August 19th. They set a “buy” rating and a GBX 19 ($0.31) price target on the stock. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Smiths News Plc has an average rating of “Buy” and a consensus target price of GBX 92.07 ($1.49).
Smiths News Plc (LON:NWS) traded down 1.71% during mid-day trading on Tuesday, hitting GBX 201.50. 58,726 shares of the company’s stock traded hands. Smiths News Plc has a 1-year low of GBX 121.50 and a 1-year high of GBX 211.75. The stock’s 50-day moving average is GBX 187.3 and its 200-day moving average is GBX 176.9. The company’s market cap is £366.5 million.
Smiths News PLC is engaged in the distribution of newspapers, magazines, books and consumable products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.