Smiths News (LON:SNWS) Price Target Raised to GBX 95

Smiths News (LON:SNWS) had its price target boosted by research analysts at Canaccord Genuity Group from GBX 85 ($1.07) to GBX 95 ($1.19) in a research note issued on Thursday, MarketBeat Ratings 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 Stock Performance

LON SNWS opened at GBX 56 ($0.70) on Thursday. Smiths News has a 52-week low of GBX 40 ($0.50) and a 52-week high of GBX 57 ($0.72). The company has a fifty day moving average of GBX 49.19 and a 200-day moving average of GBX 48.93. The company has a market capitalization of £138.71 million, a P/E ratio of 557.88, a P/E/G ratio of 0.29 and a beta of 0.80.

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.