Key Points
- Jonathan Bunting sold shares: Smiths News insider Jonathan Bunting sold 147,705 shares on Dec 5 at GBX 69 for £101,916.45 and had earlier sold 442,530 shares on Nov 28 at GBX 68 for £300,920.40, marking significant insider selling.
- Current trading and valuation: Shares opened at GBX 69 (near the 52‑week high of GBX 72), the company has a market cap of about £167m and a low P/E of 6.11.
- Analysts remain upbeat: Two analysts rate the stock a "Buy" with an average price target of GBX 87.50 (Berenberg GBX 80; Canaccord GBX 95), implying notable upside from current levels.
Smiths News plc (LON:SNWS - Get Free Report) insider Jonathan Bunting sold 147,705 shares of Smiths News stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of GBX 69, for a total transaction of £101,916.45.
Jonathan Bunting also recently made the following trade(s):
- On Friday, November 28th, Jonathan Bunting sold 442,530 shares of Smiths News stock. The shares were sold at an average price of GBX 68, for a total transaction of £300,920.40.
Smiths News Trading Down 0.3%
Smiths News stock opened at GBX 69 on Wednesday. Smiths News plc has a 52 week low of GBX 45.40 and a 52 week high of GBX 72. The company has a debt-to-equity ratio of -1,469.70, a quick ratio of 0.83 and a current ratio of 0.98. The firm has a market capitalization of £167.00 million, a price-to-earnings ratio of 6.11, a P/E/G ratio of 0.29 and a beta of 0.83. The company has a 50 day moving average price of GBX 64.63 and a 200 day moving average price of GBX 59.99.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. Berenberg Bank lifted 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. Canaccord Genuity Group restated a "buy" rating and set a GBX 95 price objective on shares of Smiths News in a research report on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of GBX 87.50.
View Our Latest Research Report on SNWS
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.
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