WH Smith (SMWH) Receives “Sell” Rating from UBS Group

UBS Group reiterated their sell rating on shares of WH Smith (LON:SMWH) in a report published on Friday, ThisIsMoney.Co.Uk reports.

Other equities analysts also recently issued reports about the stock. Peel Hunt restated a buy rating on shares of WH Smith in a research note on Wednesday, March 27th. Barclays upped their price target on shares of WH Smith from GBX 2,100 ($27.44) to GBX 2,215 ($28.94) and gave the company an overweight rating in a research note on Friday. JPMorgan Chase & Co. upped 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 note on Friday. Finally, Royal Bank of Canada restated an outperform rating and issued a GBX 2,400 ($31.36) price target (up from GBX 2,300 ($30.05)) on shares of WH Smith in a research note on Tuesday, February 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 2,333 ($30.48).

SMWH stock opened at GBX 2,130 ($27.83) on Friday. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.28 and a current ratio of 0.91. WH Smith has a 52 week low of GBX 1,678 ($21.93) and a 52 week high of GBX 2,184 ($28.54). The stock has a market capitalization of $2.30 billion and a P/E ratio of 21.69.

The firm also recently declared a dividend, which will be paid on Thursday, August 1st. Investors of record on Thursday, July 11th will be paid a GBX 17.20 ($0.22) dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a dividend yield of 0.8%. WH Smith’s dividend payout ratio (DPR) is presently 0.77%.

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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Analyst Recommendations for WH Smith (LON:SMWH)

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