WH Smith Plc (SMWH) Rating Reiterated by Royal Bank Of Canada
WH Smith Plc (LON:SMWH)‘s stock had its “outperform” rating reissued by equities researchers at Royal Bank Of Canada in a research note issued to investors on Tuesday. They currently have a GBX 2,000 ($26.11) target price on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 32.28% from the stock’s previous close.
A number of other equities analysts also recently issued reports on the company. Liberum Capital reissued a “hold” rating and set a GBX 1,700 ($22.19) price target on shares of WH Smith Plc in a research report on Wednesday, August 24th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of WH Smith Plc in a research report on Thursday, August 25th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,870 ($24.41) price objective on shares of WH Smith Plc in a research report on Thursday, August 25th. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,900 ($24.80) price objective on shares of WH Smith Plc in a research report on Tuesday, August 2nd. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a GBX 1,695 ($22.13) price objective on shares of WH Smith Plc in a research report on Wednesday, June 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. WH Smith Plc presently has an average rating of “Hold” and an average target price of GBX 1,698.21 ($22.17).
WH Smith Plc (LON:SMWH) traded down 2.01% during midday trading on Tuesday, hitting GBX 1512.00. The company’s stock had a trading volume of 303,691 shares. The company’s market cap is GBX 1.72 billion. WH Smith Plc has a one year low of GBX 1,174.00 and a one year high of GBX 1,893.00. The company’s 50-day moving average is GBX 1,554.05 and its 200 day moving average is GBX 1,631.62.
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About WH Smith Plc
WH Smith PLC is a United Kingdom-based retail company. The Company operates through two divisions, namely, High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer. Its Travel business operates from around 740 units, including in airports, railway stations, motorway service areas, hospitals and workplaces.
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