WH Smith Price Target Raised to GBX 950 at Cantor Fitzgerald (SMWH)
Investment analysts at Cantor Fitzgerald lifted their target price on shares of WH Smith (LON:SMWH) from GBX 900 ($14.44) to GBX 950 ($15.24) in a note issued to investors on Friday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Cantor Fitzgerald’s target price would suggest a potential upside of 7.71% from the company’s current price.
A number of other analysts have also recently weighed in on SMWH. Analysts at Numis Securities Ltd raised their price target on shares of WH Smith from GBX 850 ($13.64) to GBX 975 ($15.64) in a research note to investors on Friday. They now have an “add” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of WH Smith from GBX 915 ($14.68) to GBX 960 ($15.40) in a research note to investors on Friday. They now have a “buy” rating on the stock. Finally, 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. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 739.33 ($11.86).
Shares of WH Smith (LON:SMWH) traded up 2.61% during mid-day trading on Friday, hitting GBX 905.00. The stock had a trading volume of 540,975 shares. WH Smith has a 52-week low of GBX 570.00 and a 52-week high of GBX 866.50. 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 £1.122 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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