WH Smith PLC (LON:SMWH) Stock Has Average Price Target of GBX 566.43

WH Smith PLC (LON:SMWH) has earned an average recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 566.43.

SMWH has been the topic of a number of analyst reports. Canaccord Genuity Group reduced their price objective on shares of WH Smith from GBX 555 to GBX 535 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. Berenberg Bank upped their price target on shares of WH Smith from GBX 420 to GBX 440 and gave the stock a “hold” rating in a report on Thursday, September 17th. UBS Group reiterated a “neutral” rating and set a GBX 600 price target on shares of WH Smith in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of WH Smith from GBX 550 to GBX 390 and set a “hold” rating on the stock in a research note on Thursday, June 11th. Finally, JPMorgan Chase & Co. reduced their target price on WH Smith from GBX 575 to GBX 550 and set an “overweight” rating on the stock in a report on Thursday, September 17th.

WH Smith Stock Up 3.0%

Shares of LON SMWH opened at GBX 390.60 on Monday. The stock has a market capitalization of £587.85 million, a P/E ratio of -4.04, a PEG ratio of 2.65 and a beta of 0.93. The stock’s fifty day moving average is GBX 406.08 and its 200 day moving average is GBX 465.41. WH Smith has a 52 week low of GBX 345.60 and a 52 week high of GBX 712. The company has a debt-to-equity ratio of 846.40, a quick ratio of 0.42 and a current ratio of 0.33.

Insider Activity at WH Smith

In other WH Smith news, insider Helen Rose acquired 11,102 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was acquired at an average cost of GBX 450 per share, for a total transaction of £49,959. Company insiders own 1.05% of the company’s stock.

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. 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.