WH Smith Plc (SMWH) Stock Rating Reaffirmed by Peel Hunt

WH Smith Plc (LON:SMWH)‘s stock had its “add” rating reiterated by equities researchers at Peel Hunt in a research report issued to clients and investors on Friday. They currently have a GBX 1,850 ($23.40) price target on the stock. Peel Hunt’s price objective would indicate a potential upside of 7.56% from the stock’s previous close.

SMWH has been the topic of a number of other research reports. Barclays PLC upgraded WH Smith Plc to an “overweight” rating and set a GBX 1,990 ($25.17) price target on the stock in a research note on Monday, May 22nd. Deutsche Bank AG raised their price target on WH Smith Plc from GBX 1,750 ($22.14) to GBX 1,950 ($24.67) and gave the stock a “buy” rating in a research note on Thursday, April 13th. Liberum Capital raised their price target on WH Smith Plc from GBX 1,700 ($21.51) to GBX 1,850 ($23.40) and gave the stock a “hold” rating in a research note on Wednesday, April 19th. Canaccord Genuity restated a “hold” rating and set a GBX 1,661 ($21.01) price target on shares of WH Smith Plc in a research note on Wednesday, April 12th. Finally, J P Morgan Chase & Co raised their price target on WH Smith Plc from GBX 1,850 ($23.40) to GBX 1,950 ($24.67) and gave the stock an “overweight” rating in a research note on Thursday, April 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,818.27 ($23.00).

Analyst Recommendations for WH Smith Plc (LON:SMWH)

Shares of WH Smith Plc (LON SMWH) opened at 1737.00 on Friday. The company’s 50 day moving average price is GBX 1,766.26 and its 200-day moving average price is GBX 1,667.89. The firm’s market cap is GBX 1.93 billion. WH Smith Plc has a 12-month low of GBX 1,174.00 and a 12-month high of GBX 1,963.00.

The business also recently announced a dividend, which will be paid on Thursday, August 3rd. Shareholders of record on Thursday, July 13th will be paid a GBX 14.60 ($0.18) dividend. The ex-dividend date of this dividend is Thursday, July 13th. This represents a dividend yield of 0.82%.

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WH Smith Plc Company Profile

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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