Smiths News (LON:SNWS) Stock Rating Reaffirmed by Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Smiths News (LON:SNWS) in a research report released on Wednesday, MarketBeat reports. They currently have a GBX 95 ($1.25) price objective on the stock.

Smiths News Stock Down 0.7 %

SNWS opened at GBX 57.60 ($0.76) on Wednesday. The stock’s 50 day moving average price is GBX 58.02 and its two-hundred day moving average price is GBX 56.32. The firm has a market capitalization of £136.56 million, a P/E ratio of 640.00, a price-to-earnings-growth ratio of 0.29 and a beta of 0.83. Smiths News has a 12-month low of GBX 40.10 ($0.53) and a 12-month high of GBX 67.80 ($0.90).

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.