Smiths News (LON:SNWS) Earns “Buy” Rating from Canaccord Genuity Group

Smiths News (LON:SNWS)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued on Tuesday, Marketbeat.com reports. They currently have a GBX 95 price objective on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 25.66% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 85 price objective on shares of Smiths News in a research note on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 92.67.

Smiths News Price Performance

Shares of LON SNWS opened at GBX 75.60 on Tuesday. The firm has a market capitalization of £182.98 million, a P/E ratio of 7.07, a PEG ratio of 0.29 and a beta of 0.31. Smiths News has a one year low of GBX 0.74 and a one year high of GBX 79.40. The company’s fifty day moving average is GBX 70.03 and its two-hundred day moving average is GBX 68.13. The company has a debt-to-equity ratio of 501.69, a quick ratio of 0.83 and a current ratio of 0.90.

Key Smiths News News

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

• Positive Sentiment: FY2026 results expected to beat consensus: Smiths News said full-year results are now expected to come in ahead of market expectations after a strong second half. The improved outlook signals better operating performance and supports investor confidence. Earnings and Trading: Smiths News Says 2026 Results to Beat Consensus
• Positive Sentiment: World Cup demand provides a trading boost: Coverage attributed part of the stronger results outlook to increased sales linked to the World Cup, adding momentum to the company’s core distribution business. Smiths News Shares Climb Nearly 8% as World Cup Boost Lifts Results Above Forecasts
• Positive Sentiment: Analysts remain supportive: Berenberg raised its price target to GBX 88 from GBX 85 and retained a “buy” rating. Canaccord Genuity also reaffirmed its “buy” recommendation, with a GBX 95 target. The broker actions reinforce the improved earnings outlook and suggest potential upside from the current valuation. Smiths News Given New GBX 88 Price Target at Berenberg Bank
• Neutral Sentiment: Investor focus: The upgraded outlook is encouraging, but investors will likely watch whether the World Cup-related benefit is temporary and whether stronger second-half trading can be sustained into fiscal 2027.

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.