WH Smith Price Target Increased to GBX 960 by Analysts at Deutsche Bank (SMWH)
Deutsche Bank raised their price objective on shares of WH Smith (LON:SMWH) from GBX 915 ($14.68) to GBX 960 ($15.40) in a research note issued on Friday, ARN reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 8.84% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of WH Smith in a research note to investors on Friday, October 4th. They now have a GBX 900 ($14.44) price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of WH Smith from GBX 875 ($14.04) to GBX 935 ($15.00) in a research note to investors on Tuesday, September 24th. They now have an “overweight” rating on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of WH Smith in a research note to investors on Monday, September 23rd. They now have a GBX 925 ($14.84) price target on the stock. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 677.69 ($10.87).
WH Smith (LON:SMWH) opened at 885.0001 on Friday. WH Smith has a 52-week low of GBX 570.00 and a 52-week high of GBX 866.50. The stock’s 50-day moving average is GBX 831.8 and its 200-day moving average is GBX 764.2. The company’s market cap is £1.097 billion.
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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