WH Smith PT Raised to GBX 1,115 (SMWH)
Stock analysts at JPMorgan Chase & Co. hoisted their price target on shares of WH Smith (LON:SMWH) from GBX 1,085 ($17.81) to GBX 1,115 ($18.30) in a report issued on Thursday, Stock Ratings Network.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 7.31% from the stock’s previous close.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 861.63 ($14.14).
Shares of WH Smith (LON:SMWH) traded down 0.38% during mid-day trading on Thursday, hitting GBX 1039.00. 249,678 shares of the company’s stock traded hands. WH Smith has a 1-year low of GBX 656.50 and a 1-year high of GBX 1050.00. The stock’s 50-day moving average is GBX 1004. and its 200-day moving average is GBX 897.1. The company’s market cap is £1.235 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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