WH Smith Given Buy Rating at Bank of America Corp. (SMWH)
WH Smith (LON:SMWH)‘s stock had its “buy” rating reiterated by Bank of America Corp. in a research note issued on Monday, AnalystRatings.Net reports. They currently have a GBX 925 ($14.82) target price on the stock. Bank of America Corp.’s price target would indicate a potential upside of 13.08% from the stock’s previous close.
Shares of WH Smith (LON:SMWH) traded down 0.85% during mid-day trading on Monday, hitting GBX 818.00. 245,979 shares of the company’s stock traded hands. WH Smith has a 52-week low of GBX 570.00 and a 52-week high of GBX 866.00. The stock has a 50-day moving average of GBX 831.8 and a 200-day moving average of GBX 764.2. The company’s market cap is £1.014 billion.
A number of other analysts have also recently weighed in on SMWH. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of WH Smith (LON:SMWH) in a research note to investors on Friday. They now have a GBX 900 ($14.42) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of WH Smith (LON:SMWH) in a research note to investors on Wednesday, September 4th. They now have a GBX 900 ($14.42) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of WH Smith (LON:SMWH) in a research note to investors on Tuesday, September 3rd. They now have a GBX 1,050 ($16.82) price target on the stock, up previously from GBX 850 ($13.62).
Three analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 603.82 ($9.67).
WH Smith PLC is a retail company. The Company has two businesses divisions: Travel and High Street. Its Travel division sells a range of newspapers, magazines, books and impulse products in airports, train stations, hospitals, workplaces and bus stations, and High Street division sells a range of books, stationery, newspapers, magazines and entertainment products.
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