Smiths News (LON:SNWS) PT Raised to GBX 95

Smiths News (LON:SNWS) had its price objective boosted by equities research analysts at Canaccord Genuity Group from GBX 85 ($1.07) to GBX 95 ($1.19) in a research report issued on Thursday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 69.64% from the company’s current price.

Smiths News Trading Up 1.8 %

Smiths News stock opened at GBX 56 ($0.70) on Thursday. The firm has a market capitalization of £138.71 million, a P/E ratio of 557.88, a PEG ratio of 0.29 and a beta of 0.80. The business has a 50-day moving average of GBX 49.19 and a 200-day moving average of GBX 48.93. Smiths News has a 1 year low of GBX 40 ($0.50) and a 1 year high of GBX 57 ($0.72).

Smiths News Company Profile

Smiths News plc, together with its subsidiaries, engages in the distributing of newspapers and magazines in the United Kingdom and internationally. It operates through Smiths News Core, Dawson Media Direct, Instore, and Other businesses segments. The company supplies inflight entertainment to airlines and travel points.