Smiths News Plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (NWS)
Smiths News Plc (LON:NWS)‘s stock had its “overweight” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, Analyst Ratings News reports. They currently have a GBX 236 ($3.77) price target on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 14.01% from the company’s current price.
Smiths News Plc (LON:NWS) traded down 0.96% during mid-day trading on Thursday, hitting GBX 207.00. The stock had a trading volume of 441,121 shares. Smiths News Plc has a one year low of GBX 142.75 and a one year high of GBX 215.00. The stock’s 50-day moving average is GBX 198.0 and its 200-day moving average is GBX 180.3. The company’s market cap is £376.5 million.
NWS has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “buy” rating on shares of Smiths News Plc in a research note to investors on Wednesday. They now have a GBX 185 ($2.95) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Smiths News Plc in a research note to investors on Wednesday. They now have a GBX 185 ($2.95) price target on the stock. Finally, analysts at Liberum Capital raised their price target on shares of Smiths News Plc from GBX 203 ($3.24) to GBX 220 ($3.51) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 93.29 ($1.49).
Smiths News PLC is engaged in the distribution of newspapers, magazines, books and consumable products.
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