Deborah Rabey Purchases 13,866 Shares of Smiths News (LON:SNWS) Stock

Smiths News plc (LON:SNWS) insider Deborah Rabey bought 13,866 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average cost of GBX 71 per share, for a total transaction of £9,844.86.

Smiths News Stock Performance

SNWS stock opened at GBX 70.20 on Friday. The business has a 50 day moving average of GBX 65.18 and a 200-day moving average of GBX 60.18. The firm has a market cap of £169.91 million, a PE ratio of 6.21, a P/E/G ratio of 0.29 and a beta of 0.83. Smiths News plc has a 12-month low of GBX 45.40 and a 12-month high of GBX 72.80. The company has a quick ratio of 0.83, a current ratio of 0.98 and a debt-to-equity ratio of -1,469.70.

Wall Street Analyst Weigh In

SNWS has been the subject of several research analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 95 target price on shares of Smiths News in a research report on Tuesday, November 4th. Berenberg Bank raised their price objective on shares of Smiths News from GBX 75 to GBX 80 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 87.50.

About Smiths News

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.