WH Smith (LON:SMWH)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently weighed in on the stock. HSBC reiterated a “buy” rating on shares of WH Smith in a research report on Thursday, April 9th. JPMorgan Chase & Co. cut their price objective on shares of WH Smith from GBX 2,210 ($27.20) to GBX 1,800 ($22.15) and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 1,400 ($17.23) price objective (up from GBX 1,250 ($15.38)) on shares of WH Smith in a research report on Monday, June 8th. Barclays started coverage on shares of WH Smith in a research report on Thursday, June 25th. They issued an “overweight” rating and a GBX 1,535 ($18.89) price objective on the stock. Finally, Citigroup reiterated a “neutral” rating on shares of WH Smith in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 1,857.86 ($22.86).
LON SMWH opened at GBX 1,048 ($12.90) on Monday. WH Smith has a one year low of GBX 584.04 ($7.19) and a one year high of GBX 2,660 ($32.73). The company has a 50-day simple moving average of GBX 1,078.51 and a 200-day simple moving average of GBX 1,687.76. The company has a debt-to-equity ratio of 283.10, a quick ratio of 0.36 and a current ratio of 0.86. The firm has a market capitalization of $1.35 billion and a PE ratio of 11.47.
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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