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Peel Hunt reiterated Smart Metering Systems (LON:SMS) to Buy in a report released today.

Peel Hunt has reiterated Smart Metering Systems(LON:SMS) to Buy in a statement released on 9/20/2016.

Previously on 7/12/2016, Panmure Gordon reported on Smart Metering Systems(LON:SMS) bumped the target price at 565.00GBX that indicated a possible upside of 0.28%.

Having a price of 557.50GBX, Smart Metering Systems (LON:SMS) traded 1.96% higher on the day. With the last stock price up 24.86% relative to the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the same time. Smart Metering Systems has recorded a 50-day average of 497.51GBX and 200-day moving average of 436.89GBX. 71,815 shares of the stock were exchanged, down from ann avg. trading volume of 214,556

See Chart Below:

Smart Metering Systems (LON:SMS)

With a market capitalization of 0.0 GBX, Smart Metering Systems has a 52 week low of 299.24GBX and a 52 week high of 564.82GBX with a price-earnings ratio of 32.

A total of 2 analysts have issued a ratings update on Smart Metering Systems. One firm rate the stock a strong buy, one firm rate the company a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a 12-month target of 492.00GBX

About Smart Metering Systems (LON:SMS)

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. Its divisions include Asset Management, which consists of regulated management of gas meters, electric meters and ADM units within the United Kingdom; Asset Installation, which consists of installation of domestic and industrial and commercial (I&C) gas meters and electricity meters throughout the United Kingdom, and Energy Management, which consists of the provision of energy advice. The ADM device is SMS’s metering solution, and which allows for remote meter reading on a half-hourly basis.

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