Deutsche Bank Reiterates “Hold” Rating for WH Smith (SMWH)
WH Smith (LON:SMWH)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank in a research report issued on Tuesday. They presently have a GBX 2,025 ($27.08) price target on the stock. Deutsche Bank’s price objective suggests a potential downside of 11.65% from the stock’s previous close.
Several other research analysts also recently weighed in on SMWH. Barclays reaffirmed an “overweight” rating and issued a GBX 2,270 ($30.35) target price on shares of WH Smith in a report on Friday, October 13th. Peel Hunt restated a “hold” rating and set a GBX 1,850 ($24.74) target price on shares of WH Smith in a research report on Tuesday, December 5th. JPMorgan Chase & Co. upped their price target on shares of WH Smith from GBX 1,950 ($26.07) to GBX 2,150 ($28.75) and gave the company an “overweight” rating in a report on Friday, October 13th. Numis Securities upgraded shares of WH Smith to a “hold” rating and set a GBX 1,975 ($26.41) price target on the stock in a report on Friday, October 27th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a GBX 2,300 ($30.75) target price on shares of WH Smith in a research note on Tuesday, November 28th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. WH Smith has an average rating of “Buy” and an average price target of GBX 1,993.10 ($26.65).
WH Smith (LON:SMWH) opened at GBX 2,292 ($30.65) on Tuesday. WH Smith has a twelve month low of GBX 1,469 ($19.64) and a twelve month high of GBX 2,347 ($31.38). The firm has a market cap of $2,520.00 and a P/E ratio of 2,203.85.
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WH Smith Company Profile
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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