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

Canaccord Genuity Group restated their buy rating on shares of Smiths News (LON:SNWS) in a research report released on Tuesday morning, Marketbeat Ratings reports. They currently have a GBX 95 target price on the stock.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 85 price target on shares of Smiths News in a report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 92.67.

Smiths News Stock Performance

LON SNWS opened at GBX 70.76 on Tuesday. The company has a fifty day moving average price of GBX 69.90 and a 200-day moving average price of GBX 68.06. The firm has a market cap of £171.25 million, a price-to-earnings ratio of 6.61, a PEG ratio of 0.29 and a beta of 0.31. The company has a debt-to-equity ratio of 501.69, a current ratio of 0.90 and a quick ratio of 0.83. Smiths News has a 1 year low of GBX 55.80 and a 1 year high of GBX 79.40.

Trending Headlines about Smiths News

Here are the key news stories impacting Smiths News this week:

• Positive Sentiment: Upgraded FY2026 outlook: Smiths News said strong second-half trading means its fiscal 2026 results are expected to exceed market forecasts. The company’s comments were the main catalyst for the stock’s rise. Earnings and Trading: Smiths News Says 2026 Results to Beat Consensus
• Positive Sentiment: World Cup benefit: Reports said the 2026 FIFA World Cup is expected to support demand and help lift results above forecasts, adding a potentially significant seasonal tailwind to the company’s distribution business. Smiths News Shares Climb as World Cup Boost Lifts Results Above Forecasts
• Positive Sentiment: Broker support strengthened: Berenberg raised its price target to GBX 88 from GBX 85 and retained a “buy” rating. Canaccord Genuity also reaffirmed its “buy” recommendation and maintained a GBX 95 target, implying further upside based on the recent trading level. Smiths News Keeps Buy Rating at Canaccord Genuity

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.