WH Smith Plc (SMWH) Upgraded to Hold by Numis Securities Ltd
A number of other research firms have also recently weighed in on SMWH. Deutsche Bank AG reissued a hold rating and set a GBX 1,950 ($25.73) price objective on shares of WH Smith Plc in a report on Monday, October 9th. Barclays PLC reissued an overweight rating and set a GBX 2,270 ($29.96) price objective on shares of WH Smith Plc in a report on Friday, October 13th. Peel Hunt reissued an add rating and set a GBX 1,850 ($24.41) price objective on shares of WH Smith Plc in a report on Wednesday, August 30th. Royal Bank Of Canada reissued an outperform rating on shares of WH Smith Plc in a report on Monday, August 14th. Finally, Investec reissued a buy rating and set a GBX 2,100 ($27.71) price objective on shares of WH Smith Plc in a report on Friday, August 25th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. WH Smith Plc currently has an average rating of Hold and an average price target of GBX 1,915.60 ($25.28).
WH Smith Plc (LON:SMWH) opened at 2047.00 on Friday. The firm’s market cap is GBX 2.27 billion. WH Smith Plc has a 52 week low of GBX 1,398.00 and a 52 week high of GBX 2,106.00. The firm’s 50-day moving average is GBX 2,020.89 and its 200-day moving average is GBX 1,834.56.
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The firm also recently announced a dividend, which will be paid on Thursday, February 1st. Stockholders of record on Thursday, January 11th will be issued a GBX 33.60 ($0.44) dividend. This represents a dividend yield of 1.62%. This is a boost from WH Smith Plc’s previous dividend of $14.60. The ex-dividend date is Thursday, January 11th.
In other news, insider Robert Moorhead sold 25,000 shares of WH Smith Plc stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of GBX 2,035 ($26.85), for a total value of £508,750 ($671,351.28).
About WH Smith Plc
WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer.
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