Smiths News (LON:SNWS) Receives “Buy” Rating from Berenberg Bank

Smiths News (LON:SNWS)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 85 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 26.35% from the stock’s current price.

Smiths News Price Performance

LON SNWS opened at GBX 67.28 on Wednesday. Smiths News has a twelve month low of GBX 53.20 and a twelve month high of GBX 79.40. The company has a debt-to-equity ratio of 338.95, a quick ratio of 0.83 and a current ratio of 0.94. The stock has a market capitalization of £162.83 million, a PE ratio of 5.95, a P/E/G ratio of 0.29 and a beta of 0.33. The stock has a 50-day simple moving average of GBX 66.30 and a 200 day simple moving average of GBX 67.85.

Smiths News (LON:SNWS) last posted its quarterly earnings data on Wednesday, May 6th. The company reported GBX 5.20 earnings per share for the quarter. Smiths News had a return on equity of 744.74% and a net margin of 2.66%.The business had revenue of £515.70 million during the quarter. Research analysts anticipate that Smiths News will post 10.5555556 EPS for the current year.

Smiths News Company Profile

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. Our teams go further, when others stop, striving to meet the highest standards in all we do.