WH Smith (SMWH) Given New GBX 2,300 Price Target at JPMorgan Chase & Co.

WH Smith (LON:SMWH) had its price target boosted by equities research analysts at JPMorgan Chase & Co. from GBX 2,150 ($29.16) to GBX 2,300 ($31.19) in a research note issued on Thursday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 6.28% from the company’s current price.

Several other analysts also recently issued reports on SMWH. Peel Hunt downgraded WH Smith to a “hold” rating and set a GBX 1,850 ($25.09) price target on the stock. in a research note on Thursday, October 5th. Deutsche Bank reissued a “hold” rating and issued a GBX 1,950 ($26.44) price target on shares of WH Smith in a research note on Monday, October 9th. Barclays reissued an “overweight” rating and issued a GBX 2,270 ($30.78) price target on shares of WH Smith in a research note on Friday, October 13th. Numis Securities raised WH Smith to a “hold” rating and set a GBX 1,975 ($26.78) price target on the stock in a research note on Friday, October 27th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 2,300 ($31.19) price target on shares of WH Smith in a research note on Tuesday, November 28th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. WH Smith currently has an average rating of “Hold” and an average target price of GBX 2,034 ($27.58).

WH Smith (SMWH) traded up GBX 10 ($0.14) on Thursday, hitting GBX 2,164 ($29.35). The company’s stock had a trading volume of 425,027 shares, compared to its average volume of 365,673. WH Smith has a 1 year low of GBX 1,521 ($20.63) and a 1 year high of GBX 2,347 ($31.83). The firm has a market cap of $2,370.00 and a P/E ratio of 2,080.77.

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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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