Key Points
- Insider purchase: Manju Malhotra bought 30,006 shares of Smiths News on Nov 14 at an average of GBX 66, a transaction totaling £19,803.96.
- Valuation and trading: Smiths News has a market cap of £159.14m, a low P/E of 6.04 and a 12‑month range of GBX 45.40–71.60, with the stock trading around GBX 66.
- Analyst sentiment: Two analysts rate the stock a Buy, with a consensus price target of GBX 87.50, implying roughly a 30–33% upside from current levels.
Smiths News plc (LON:SNWS - Get Free Report) insider Manju Malhotra acquired 30,006 shares of the stock in a transaction on Friday, November 14th. The shares were purchased at an average price of GBX 66 per share, for a total transaction of £19,803.96.
Smiths News Stock Performance
SNWS stock opened at GBX 66.40 on Friday. The company has a market capitalization of £159.14 million, a price-to-earnings ratio of 6.04, 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 71.60. The firm has a 50 day moving average of GBX 61.24 and a two-hundred day moving average of GBX 58.65. 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.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on SNWS. Canaccord Genuity Group reiterated 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 target on Smiths News from GBX 75 to GBX 80 and gave the company a "buy" rating in a report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of GBX 87.50.
Get Our Latest Analysis on Smiths News
Smiths News Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
