WH Smith PLC (LON:SMWH) Given Consensus Recommendation of “Hold” by Brokerages

Shares of WH Smith PLC (LON:SMWHGet Free Report) have been assigned a consensus rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 570.

SMWH has been the topic of a number of analyst reports. UBS Group restated a “neutral” rating and issued a GBX 600 price target on shares of WH Smith in a research note on Friday, June 5th. Canaccord Genuity Group decreased their price target on WH Smith from GBX 680 to GBX 555 and set a “buy” rating on the stock in a research note on Wednesday. Berenberg Bank decreased their price target on WH Smith from GBX 574 to GBX 420 and set a “hold” rating on the stock in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft decreased their price target on 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. decreased their price target on WH Smith from GBX 700 to GBX 575 and set an “overweight” rating on the stock in a research note on Wednesday, June 17th.

Read Our Latest Stock Report on SMWH

WH Smith Trading Up 0.7%

LON SMWH opened at GBX 399.20 on Friday. The stock has a market capitalization of £497.78 million, a P/E ratio of -4.13, a P/E/G ratio of 2.65 and a beta of 0.92. WH Smith has a 52-week low of GBX 378.60 and a 52-week high of GBX 1,132. The firm has a 50-day moving average price of GBX 501.49 and a 200 day moving average price of GBX 587.10. The company has a quick ratio of 0.42, a current ratio of 0.33 and a debt-to-equity ratio of 1,244.71.

WH Smith (LON:SMWHGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported GBX (20) earnings per share for the quarter. WH Smith had a negative net margin of 9.48% and a negative return on equity of 105.35%. The business had revenue of £748 million during the quarter. Equities research analysts expect that WH Smith will post 100.9372747 EPS for the current year.

Insider Transactions at WH Smith

In other news, insider Simon Emeny bought 2,439 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were bought at an average cost of GBX 410 per share, for a total transaction of £9,999.90. Also, insider Leo Quinn bought 365,853 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were purchased at an average price of GBX 410 per share, for a total transaction of £1,499,997.30. Over the last 90 days, insiders bought 438,494 shares of company stock valued at $182,447,140. 1.05% of the stock is owned by company insiders.

WH Smith Company Profile

(Get Free Report)

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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Analyst Recommendations for WH Smith (LON:SMWH)

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