WH Smith Price Target Increased to GBX 1,180 by Analysts at Citigroup Inc. (SMWH)
Citigroup Inc. raised their price target on shares of WH Smith (LON:SMWH) from GBX 1,050 ($17.24) to GBX 1,180 ($19.37) in a research note issued on Thursday, Analyst RN reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s target price would suggest a potential upside of 13.57% from the company’s current price.
WH Smith (LON:SMWH) traded down 0.38% on Thursday, hitting GBX 1039.00. 217,867 shares of the company’s stock traded hands. WH Smith has a one year low of GBX 656.50 and a one year high of GBX 1050.00. The stock has a 50-day moving average of GBX 1004. and a 200-day moving average of GBX 897.1. The company’s market cap is £1.235 billion.
SMWH has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of WH Smith from GBX 1,085 ($17.81) to GBX 1,115 ($18.30) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of WH Smith in a research note to investors on Wednesday. They now have a GBX 1,200 ($19.70) price target on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 861.63 ($14.14).
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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