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

Smiths News (LON:SNWS)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. They currently have a GBX 95 price objective on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 34.26% from the company’s previous close.

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

Smiths News Trading Up 0.2%

Shares of SNWS opened at GBX 70.76 on Tuesday. Smiths News has a twelve month low of GBX 55.80 and a twelve month high of GBX 79.40. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 501.69. The firm has a market capitalization of £171.25 million, a P/E ratio of 6.61, a PEG ratio of 0.29 and a beta of 0.31. The firm’s 50-day moving average is GBX 69.90 and its two-hundred day moving average is GBX 68.06.

Key Smiths News 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.