WH Smith PLC (LON:SMWH) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of WH Smith PLC (LON:SMWH) have received an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 998.20.

Several analysts recently issued reports on the company. Berenberg Bank downgraded WH Smith to a “hold” rating and reduced their price target for the company from GBX 1,600 to GBX 700 in a research note on Thursday, September 11th. Deutsche Bank Aktiengesellschaft reduced their price target on WH Smith from GBX 1,030 to GBX 726 and set a “hold” rating for the company in a research note on Thursday, August 21st. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of WH Smith in a research report on Wednesday, July 30th. Finally, Peel Hunt downgraded WH Smith to a “hold” rating and cut their target price for the company from GBX 1,400 to GBX 755 in a research report on Thursday, August 21st.

WH Smith Stock Performance

SMWH opened at GBX 642.50 on Monday. The business has a fifty day simple moving average of GBX 738.23 and a 200 day simple moving average of GBX 922.61. The company has a market capitalization of £800.30 million, a PE ratio of 14,277.78, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. WH Smith has a 1 year low of GBX 624.17 and a 1 year high of GBX 1,444. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42.

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.