WH Smith (SMWH) Stock Rating Reaffirmed by JPMorgan Chase & Co.
JPMorgan Chase & Co. reaffirmed their overweight rating on shares of WH Smith (LON:SMWH) in a research report sent to investors on Friday. JPMorgan Chase & Co. currently has a GBX 2,300 ($30.05) price target on the stock.
A number of other equities analysts have also recently issued reports on the company. Peel Hunt reiterated a hold rating on shares of WH Smith in a report on Thursday, August 30th. Royal Bank of Canada upgraded WH Smith to a top pick rating in a report on Monday, July 9th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 2,145 ($28.03).
Shares of SMWH traded up GBX 72 ($0.94) during trading hours on Friday, reaching 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 12 month low of GBX 1,635 ($21.36) and a 12 month high of GBX 2,347 ($30.67).
About WH Smith
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.
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