# Smiths News PLC 66.7% potential upside indicated by Canaccord Genuity

- Link: https://www.directorstalkinterviews.com/smiths-news-plc-66.7-potential-upside-indicated-by-canaccord-genuity/4121176221
- Published: 2024-11-04T14:12:18+00:00
- Author: Charlotte Edwards

**Smiths News PLC** with ticker (LON:SNWS) now has a potential upside of 66.7% according
to Canaccord Genuity.
SNWS.LCanaccord Genuity set a target price of 95 GBX for the
company, which when compared to the Smiths News PLC share price of 57 GBX at opening
today (04/11/2024) indicates a potential upside of 66.7%. Trading has ranged between
45 (52 week low) and 68 (52 week high) with an average of 695,561 shares exchanging
hands daily. The market capitalisation at the time of writing is £141,165,687.Smiths
News plc is United Kingdom-based wholesaler of newspapers and magazines. The Smiths
News segment include Smiths News Core, Dawson Media Direct (DMD), Instore and Other
businesses. 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 supplies field marketing
services to retailers and suppliers across the United Kingdom. Other businesses 
include several ancillary businesses, which are adjacent to Smiths News. Its core
services include newspaper and magazine deliveries, collecting and processing returns,
managing retail ranges, and providing market insight to forecast demand and minimize
waste. The Company distributes a range of print media from large general retailers
to smaller independent newsagents. It serves approximately 24,000 retailers from
superstores to corner shops.

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