WH Smith Plc (SMWH) Downgraded to “Hold” at Deutsche Bank AG
WH Smith Plc (LON:SMWH) was downgraded by stock analysts at Deutsche Bank AG to a “hold” rating in a report issued on Friday. They currently have a GBX 1,950 ($25.18) target price on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 3.67% from the company’s previous close.
Several other equities analysts have also issued reports on the company. Barclays PLC raised WH Smith Plc to an “overweight” rating and set a GBX 1,990 ($25.70) price target for the company in a research report on Monday, May 22nd. Peel Hunt reaffirmed an “add” rating and issued a GBX 1,850 ($23.89) price target on shares of WH Smith Plc in a research report on Friday, June 9th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 1,700 ($21.96) price target on shares of WH Smith Plc in a research report on Wednesday, June 14th. Investec lifted their price target on WH Smith Plc from GBX 1,900 ($24.54) to GBX 2,100 ($27.12) and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of WH Smith Plc in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 1,822.82 ($23.54).
WH Smith Plc (LON:SMWH) traded down 1.52% on Friday, reaching GBX 1881.00. 271,438 shares of the company’s stock traded hands. The firm’s 50 day moving average price is GBX 1,813.95 and its 200 day moving average price is GBX 1,764.32. WH Smith Plc has a 12 month low of GBX 1,398.00 and a 12 month high of GBX 1,963.00. The company’s market cap is GBX 2.09 billion.
WH Smith Plc Company Profile
WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: 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.
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