WH Smith (LON:SMWH) Reaches New 12-Month Low – What’s Next?

WH Smith PLC (LON:SMWH) shares reached a new 52-week low on Friday . The company traded as low as GBX 623.01 and last traded at GBX 627.62, with a volume of 204225 shares traded. The stock had previously closed at GBX 642.

Analysts Set New Price Targets

SMWH has been the subject of several research analyst reports. Berenberg Bank downgraded WH Smith to a “hold” rating and dropped their price objective for the company from GBX 1,600 to GBX 700 in a research note on Thursday, September 11th. Deutsche Bank Aktiengesellschaft dropped their price target on WH Smith from GBX 1,030 to GBX 726 and set a “hold” rating for the company in a research report on Thursday, August 21st. Peel Hunt lowered shares of WH Smith to a “hold” rating and decreased their price objective for the stock from GBX 1,400 to GBX 755 in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of WH Smith in a report on Wednesday, July 30th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 998.20.

WH Smith Trading Down 2.5%

The business’s fifty day moving average price is GBX 665.63 and its 200 day moving average price is GBX 885.46. 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 firm has a market capitalization of £779.75 million, a PE ratio of 139.11, a P/E/G ratio of 2.65 and a beta of 1.67.

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.