WH Smith Receives “Overweight” Rating from Barclays (SMWH)
WH Smith (LON:SMWH)‘s stock had its “overweight” rating restated by Barclays in a research note issued on Wednesday, Analyst Ratings Network.com reports. They currently have a GBX 9.90 ($0.16) target price on the stock. Barclays’ price objective points to a potential downside of 99.04% from the company’s current price.
WH Smith (LON:SMWH) opened at 1036.00 on Wednesday. WH Smith has a 1-year low of GBX 663.50 and a 1-year high of GBX 1055.00. The stock’s 50-day moving average is GBX 1016. and its 200-day moving average is GBX 913.. The company’s market cap is £1.232 billion.
A number of other firms have also recently commented on SMWH. Analysts at BNP Paribas raised their price target on shares of WH Smith from GBX 1,050 ($17.26) to GBX 1,130 ($18.57) in a research note to investors on Thursday, January 23rd. They now have an “outperform” rating on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of WH Smith from GBX 1,050 ($17.26) to GBX 1,180 ($19.39) in a research note to investors on Thursday, January 23rd. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of WH Smith from GBX 1,085 ($17.83) to GBX 1,115 ($18.32) in a research note to investors on Thursday, January 23rd. They now have an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 803.97 ($13.21).
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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