WH Smith (LON:SMWH)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank of Canada in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a GBX 2,500 ($32.67) price target on the stock, up from their previous price target of GBX 2,400 ($31.36). Royal Bank of Canada’s target price suggests a potential upside of 18.15% from the company’s current price.
Several other analysts have also commented on the stock. Peel Hunt reissued a “buy” rating on shares of WH Smith in a research report on Friday, January 4th. Barclays decreased their price target on shares of WH Smith from GBX 2,270 ($29.66) to GBX 2,100 ($27.44) and set an “overweight” rating for the company in a research report on Tuesday, January 15th. JPMorgan Chase & Co. increased their price target on shares of WH Smith from GBX 2,300 ($30.05) to GBX 2,450 ($32.01) and gave the company an “overweight” rating in a research report on Friday, April 12th. Finally, UBS Group reissued a “sell” rating on shares of WH Smith in a research report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 2,353 ($30.75).
Shares of WH Smith stock opened at GBX 2,116 ($27.65) on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.28 and a debt-to-equity ratio of 22.17. WH Smith has a 1 year low of GBX 1,678 ($21.93) and a 1 year high of GBX 2,184 ($28.54). The stock has a market cap of $2.28 billion and a price-to-earnings ratio of 21.55.
In other WH Smith news, insider Robert Moorhead sold 25,000 shares of the stock in a transaction dated Monday, February 18th. The shares were sold at an average price of GBX 2,038 ($26.63), for a total transaction of £509,500 ($665,751.99).
About WH Smith
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. As of August 31, 2018, it operated 867 units primarily in airports, railway stations, motorway service areas, hospitals, and workplaces.
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