WH Smith (SMWH) Given “Hold” Rating at Deutsche Bank

WH Smith (LON:SMWH)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research report issued on Thursday. They currently have a GBX 2,025 ($27.46) target price on the stock. Deutsche Bank’s price target suggests a potential downside of 6.42% from the company’s current price.

Several other equities analysts have also recently weighed in on SMWH. JPMorgan Chase & Co. increased their price target on WH Smith from GBX 2,150 ($29.16) to GBX 2,300 ($31.19) and gave the company an “overweight” rating in a report on Thursday. Peel Hunt reissued a “hold” rating and set a GBX 1,850 ($25.09) price target on shares of WH Smith in a report on Wednesday. Royal Bank of Canada reissued an “outperform” rating and set a GBX 2,300 ($31.19) price target on shares of WH Smith in a report on Tuesday, November 28th. Numis Securities raised WH Smith to a “hold” rating and set a GBX 1,975 ($26.78) price target on the stock in a report on Friday, October 27th. Finally, Barclays reissued an “overweight” rating and set a GBX 2,270 ($30.78) price target on shares of WH Smith in a report on Tuesday, November 7th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. WH Smith currently has a consensus rating of “Hold” and an average price target of GBX 2,034 ($27.58).

WH Smith (LON SMWH) traded up GBX 10 ($0.14) during midday trading on Thursday, hitting GBX 2,164 ($29.35). The stock had a trading volume of 425,027 shares, compared to its average volume of 365,673. The company has a market cap of $2,370.00 and a PE ratio of 2,080.77. WH Smith has a 12-month low of GBX 1,521 ($20.63) and a 12-month high of GBX 2,347 ($31.83).

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About WH Smith

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.

Analyst Recommendations for WH Smith (LON:SMWH)

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