Smart Metering Systems PLC (LON:SMS) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 900 ($12.03) and last traded at GBX 860.50 ($11.51), with a volume of 87713 shares changing hands. The stock had previously closed at GBX 874.50 ($11.69).
Several research firms have recently weighed in on SMS. Macquarie raised their price objective on shares of Smart Metering Systems from GBX 1,068 ($14.28) to GBX 1,125 ($15.04) and gave the company an “outperform” rating in a research report on Wednesday, October 18th. Peel Hunt restated a “buy” rating and set a GBX 740 ($9.89) price objective on shares of Smart Metering Systems in a research report on Tuesday, September 12th.
The firm has a market cap of $961.45 and a PE ratio of 5,029.41.
Smart Metering Systems Company Profile
Smart Metering Systems plc (SMS) is a United Kingdom-based company, which connects, owns, operates and maintains metering systems. The Company provides an integrated service from beginning to end, from project managing the installation of the gas and/or electricity supply and connection through to the procurement, installation and management of the meter asset, data collection and ongoing energy management services.
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