Shares of WH Smith Plc (LON:SMWH) have received an average rating of “Buy” from the ten research firms that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 1,985.60 ($26.47).
SMWH has been the topic of several recent research reports. Peel Hunt lowered shares of WH Smith to a “hold” rating and set a GBX 1,850 ($24.66) target price on the stock. in a report on Thursday, October 5th. Deutsche Bank reissued a “hold” rating and issued a GBX 1,950 ($26.00) price target on shares of WH Smith in a report on Sunday, October 15th. Investec reissued a “buy” rating and issued a GBX 2,100 ($28.00) price target on shares of WH Smith in a report on Friday, August 25th. Barclays reissued an “overweight” rating and issued a GBX 2,270 ($30.26) price target on shares of WH Smith in a report on Tuesday, November 7th. Finally, Numis Securities raised shares of WH Smith to a “hold” rating and set a GBX 1,975 ($26.33) price target on the stock in a report on Friday, October 27th.
In other news, insider Robert Moorhead sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of GBX 2,035 ($27.13), for a total value of £508,750 ($678,242.90).
WH Smith (LON SMWH) traded up GBX 11 ($0.15) during mid-day trading on Thursday, hitting GBX 2,064 ($27.52). 335,932 shares of the company traded hands, compared to its average volume of 331,798. WH Smith has a 52 week low of GBX 1,398 ($18.64) and a 52 week high of GBX 2,106 ($28.08).
The business also recently announced a dividend, which will be paid on Thursday, February 1st. Stockholders of record on Thursday, January 11th will be given a GBX 33.60 ($0.45) dividend. This represents a dividend yield of 1.62%. This is a boost from WH Smith’s previous dividend of $14.60. The ex-dividend date is Thursday, January 11th.
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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