Barclays Reaffirms “Overweight” Rating for WH Smith (SMWH)
Several other equities analysts also recently commented on SMWH. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 2,300 ($30.05) price objective on shares of WH Smith in a research note on Friday. Royal Bank of Canada upgraded WH Smith to a top pick rating in a research note on Monday, July 9th. Finally, Peel Hunt reiterated a hold rating on shares of WH Smith in a research note on Thursday, August 30th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. WH Smith presently has an average rating of Buy and a consensus target price of GBX 2,145 ($28.03).
WH Smith stock traded up GBX 72 ($0.94) during trading on Friday, hitting GBX 1,872 ($24.46). The stock had a trading volume of 1,438,759 shares, compared to its average volume of 316,134. WH Smith has a 1 year low of GBX 1,635 ($21.36) and a 1 year high of GBX 2,347 ($30.67).
WH Smith Company Profile
WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates through two segments, High Street and Travel. The High Street segment sells stationery products, including greetings cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.
See Also: Earnings Per Share
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