Smiths News PLC 23.8% potential upside indicated by Berenberg Bank

Smiths News PLC with ticker (LON:SNWS) now has a potential upside of 23.8% according to Berenberg Bank.



Berenberg Bank set a target price of 50 GBX for the company, which when compared to the Smiths News PLC share price of 38 GBX at opening today (08/11/2021) indicates a potential upside of 23.8%. Trading has ranged between 24 (52 week low) and 48 (52 week high) with an average of 268,778 shares exchanging hands daily. The market capitalisation at the time of writing is £100,549,590.

Smiths News plc is a United Kingdom-based company, which is engaged in wholesale distribution of newspapers and magazines. The Company operates through its Smiths News segment. The Smiths News segment include Smiths News Core, Dawson Media Direct (DMD), Instore, Martin Lave and Rascal Systems. Smiths News Core is a distributor of newspapers and magazines to retailers across England and Wales. DMD supplies newspapers, magazines and inflight entertainment to airlines and travel points in the United Kingdom. InStore works with retailers, suppliers and publishers providing field-based merchandising and marketing, supply chain auditing and compliance solutions. Martin Lavell is a corporate news distributor, supplying newspapers and magazines to corporate and public sector customers. Rascal Systems works with retailers to simplify product management.