Smiths News Plc Given Average Rating of “Hold” by Analysts (LON:NWS)
Smiths News Plc (LON:NWS) has earned a consensus rating of “Hold” from the ten analysts that are covering the stock, American Banking News reports. Six research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 134 ($2.28).
NWS has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Smiths News Plc in a research note on Thursday. They set a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Smiths News Plc in a research note on Wednesday, April 23rd. They now have a GBX 184 ($3.13) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Smiths News Plc in a research note on Wednesday, April 2nd.
Smiths News PLC is engaged in the distribution of newspapers, magazines, books and consumable products.
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