WH Smith Stock Rating Reaffirmed by Investec (SMWH)
WH Smith (LON:SMWH)‘s stock had its “buy” rating reiterated by equities researchers at Investec in a research report issued on Wednesday, StockRatingsNetwork reports. They currently have a GBX 1,200 ($19.70) price target on the stock. Investec’s target price would suggest a potential upside of 18.11% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of WH Smith in a research note to investors on Friday, January 17th. They now have a GBX 1,050 ($17.24) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of WH Smith in a research note to investors on Friday, January 10th. They now have a GBX 990 ($16.25) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of WH Smith in a research note to investors on Friday, January 10th. They now have a GBX 1,100 ($18.06) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 847.51 ($13.91).
Shares of WH Smith (LON:SMWH) opened at 1036.125 on Wednesday. WH Smith has a 52-week low of GBX 635.00 and a 52-week high of GBX 1050.00. The stock has a 50-day moving average of GBX 999.5 and a 200-day moving average of GBX 894.0. The company’s market cap is £1.232 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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