Smiths News (LON:SNWS) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Smiths News (LON:SNWS) in a research report sent to investors on Wednesday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 95 ($1.25) target price on the stock.

Smiths News Price Performance

Shares of Smiths News stock opened at GBX 57.60 ($0.76) on Wednesday. Smiths News has a 52-week low of GBX 40.10 ($0.53) and a 52-week high of GBX 67.80 ($0.90). The firm has a market capitalization of £136.56 million, a PE ratio of 640.00, a price-to-earnings-growth ratio of 0.29 and a beta of 0.83. The company’s fifty day moving average price is GBX 58.02 and its two-hundred day moving average price is GBX 56.32.

About Smiths News

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.