WH Smith (LON:SMWH – Get Free Report) had its price objective lowered by investment analysts at Berenberg Bank from GBX 574 to GBX 420 in a research note issued on Tuesday,Digital Look reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 0.29% from the stock’s previous close.
Several other equities analysts also recently commented on the company. Royal Bank Of Canada lowered their price objective on WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating on the stock in a research report on Monday, April 13th. Canaccord Genuity Group lowered their price objective on WH Smith from GBX 762 to GBX 680 and set a “buy” rating on the stock in a research report on Friday, April 24th. Finally, UBS Group restated a “neutral” rating and issued a GBX 600 price objective on shares of WH Smith in a research report on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, WH Smith currently has a consensus rating of “Hold” and an average target price of GBX 668.
View Our Latest Research Report on WH Smith
WH Smith Stock Performance
WH Smith (LON:SMWH – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported GBX (20) EPS for the quarter. WH Smith had a negative net margin of 9.48% and a negative return on equity of 90.46%. The business had revenue of £748 million during the quarter. Analysts forecast that WH Smith will post 100.9372747 EPS for the current year.
Insider Activity
In other WH Smith news, insider Situl Jobanputra bought 3,658 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average price of GBX 410 per share, with a total value of £14,997.80. Also, insider Helen Rose bought 12,195 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were acquired at an average cost of GBX 410 per share, for a total transaction of £49,999.50. In the last 90 days, insiders have purchased 438,494 shares of company stock valued at $182,447,140. 1.05% of the stock is currently owned by corporate insiders.
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.
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