Smiths News (LON:SNWS) Stock Rating Reaffirmed by Berenberg Bank

Smiths News (LON:SNWSGet Rating)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a report issued on Thursday, Marketbeat reports. They currently have a GBX 50 ($0.60) price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 71.66% from the stock’s current price.

Smiths News Stock Up 2.2 %

Smiths News stock opened at GBX 29.13 ($0.35) on Thursday. The company has a market capitalization of ¬£72.15 million and a P/E ratio of 291.27. The stock’s 50 day moving average is GBX 31.34 and its 200 day moving average is GBX 33.23. Smiths News has a twelve month low of GBX 27 ($0.33) and a twelve month high of GBX 41 ($0.50).

Smiths News Company Profile

(Get Rating)

Smiths News plc, together with its subsidiaries, engages in the wholesaling of newspapers and magazines in the United Kingdom and internationally. It also supplies inflight entertainment to airlines and travel points; and offers field-based merchandising and marketing, supply chain auditing, and compliance solutions to retailers and suppliers.

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