WH Smith PLC (LON:SMWH) Receives GBX 570 Consensus PT from Analysts

WH Smith PLC (LON:SMWH) has received a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 570.

A number of research analysts have recently weighed in on the company. UBS Group restated a “neutral” rating and set a GBX 600 price objective on shares of WH Smith in a research report on Friday, June 5th. Canaccord Genuity Group decreased their target price on WH Smith from GBX 680 to GBX 555 and set a “buy” rating on the stock in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft decreased their target price on WH Smith from GBX 550 to GBX 390 and set a “hold” rating on the stock in a research report on Thursday, June 11th. Berenberg Bank dropped their price target on WH Smith from GBX 574 to GBX 420 and set a “hold” rating for the company in a research note on Tuesday, June 16th. Finally, JPMorgan Chase & Co. cut their price target on WH Smith from GBX 700 to GBX 575 and set an “overweight” rating for the company in a report on Wednesday, June 17th.

Insider Activity

In other WH Smith news, insider Situl Jobanputra bought 3,658 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average cost of GBX 410 per share, with a total value of £14,997.80. Also, insider Max Izzard bought 36,585 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average cost of GBX 410 per share, with a total value of £149,998.50. In the last ninety days, insiders purchased 436,832 shares of company stock worth $179,485,200. 0.88% of the stock is owned by corporate insiders.

WH Smith Stock Performance

Shares of LON SMWH opened at GBX 439.77 on Friday. The company has a market cap of £661.86 million, a P/E ratio of -4.55, a P/E/G ratio of 2.65 and a beta of 0.93. WH Smith has a 52-week low of GBX 378.60 and a 52-week high of GBX 1,120. The company has a debt-to-equity ratio of 846.40, a quick ratio of 0.42 and a current ratio of 0.33. The firm’s fifty day moving average is GBX 425.92 and its two-hundred day moving average is GBX 532.16.

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. The High Street segment sells stationery products, including greeting cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.