Brokerages Set WH Smith PLC (LON:SMWH) Target Price at GBX 998.20

Shares of WH Smith PLC (LON:SMWH) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 998.20.

SMWH has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of WH Smith in a report on Wednesday, July 30th. Peel Hunt downgraded WH Smith to a “hold” rating and reduced their target price for the stock from GBX 1,400 to GBX 755 in a report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft reduced their price objective on WH Smith from GBX 1,030 to GBX 726 and set a “hold” rating on the stock in a research note on Thursday, August 21st. Finally, Berenberg Bank lowered WH Smith to a “hold” rating and reduced their price objective for the stock from GBX 1,600 to GBX 700 in a research note on Thursday, September 11th.

WH Smith Price Performance

LON:SMWH opened at GBX 638.50 on Monday. The firm has a market cap of £795.32 million, a PE ratio of 14,188.89, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. WH Smith has a 12 month low of GBX 628 and a 12 month high of GBX 1,444. The company has a quick ratio of 0.42, a current ratio of 0.85 and a debt-to-equity ratio of 253.13. The company’s 50-day moving average price is GBX 755.16 and its two-hundred day moving average price is GBX 927.71.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.