Smart Metering Systems PLC (LON:SMS)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a research report issued on Tuesday.

Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 565 ($7.38) price target on shares of Smart Metering Systems PLC in a report on Tuesday, July 12th.

Smart Metering Systems PLC (LON:SMS) opened at 552.00 on Tuesday. Smart Metering Systems PLC has a 52 week low of GBX 299.24 and a 52 week high of GBX 564.82. The company has a 50-day moving average of GBX 497.51 and a 200-day moving average of GBX 436.89. The firm’s market capitalization is GBX 475.01 million.

In other news, insider Murray,Glen sold 500,000 shares of Smart Metering Systems PLC stock in a transaction on Friday, July 8th. The shares were sold at an average price of GBX 405 ($5.29), for a total transaction of £2,025,000 ($2,643,258.06). Also, insider Foy,Alan sold 600,000 shares of Smart Metering Systems PLC stock in a transaction on Monday, August 1st. The stock was sold at an average price of GBX 435 ($5.68), for a total transaction of £2,610,000 ($3,406,865.94).

About Smart Metering Systems PLC

Smart Metering Systems plc (SMS) is a United Kingdom-based company engaged in providing metering services. The Company’s metering services connects, owns, operates and maintains generation and new metering assets and databases. The Company operates through two divisions: management of assets and installation of meters.

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