WH Smith Plc (SMWH) Receives GBX 1,950.67 Average PT from Brokerages
Shares of WH Smith Plc (LON:SMWH) have been given a consensus rating of “Buy” by the ten analysts that are presently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 1,950.67 ($25.66).
A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of WH Smith in a research report on Monday, August 14th. J P Morgan Chase & Co increased their price objective on WH Smith from GBX 1,950 ($25.65) to GBX 2,150 ($28.28) and gave the stock an “overweight” rating in a research report on Friday, October 13th. Numis Securities Ltd upgraded WH Smith to a “hold” rating and set a GBX 1,975 ($25.98) price objective on the stock in a research report on Friday, October 27th. Barclays PLC reiterated an “overweight” rating and issued a GBX 2,270 ($29.86) price objective on shares of WH Smith in a research report on Friday, October 13th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 1,850 ($24.33) price objective on shares of WH Smith in a research report on Thursday, October 12th.
In other news, insider Robert Moorhead sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of GBX 2,035 ($26.77), for a total transaction of £508,750 ($669,143.76).
Shares of WH Smith (LON SMWH) traded up GBX 3 ($0.04) during mid-day trading on Thursday, hitting GBX 2,042 ($26.86). The company had a trading volume of 191,600 shares, compared to its average volume of 341,828. WH Smith has a one year low of GBX 1,398 ($18.39) and a one year high of GBX 2,106 ($27.70).
The company also recently declared a dividend, which will be paid on Thursday, February 1st. Shareholders of record on Thursday, January 11th will be given a dividend of GBX 33.60 ($0.44) per share. This is an increase from WH Smith’s previous dividend of $14.60. The ex-dividend date of this dividend is Thursday, January 11th. This represents a yield of 1.62%.
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About WH Smith
WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer.
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