WH Smith PLC (LON:SMWH) Stock Rated “Hold” by Sell-Side Brokerages

WH Smith PLC (LON:SMWH) has been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 566.43.

Several research firms have recently issued reports on SMWH. JPMorgan Chase & Co. dropped their price objective on shares of WH Smith from GBX 575 to GBX 550 and set an “overweight” rating on the stock in a report on Thursday, September 17th. Berenberg Bank lifted their target price on WH Smith from GBX 420 to GBX 440 and gave the stock a “hold” rating in a research report on Thursday, September 17th. Canaccord Genuity Group decreased their target price on WH Smith from GBX 555 to GBX 535 and set a “buy” rating on the stock in a research report on Wednesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on WH Smith from GBX 550 to GBX 390 and set a “hold” rating on the stock in a research note on Thursday, June 11th.

WH Smith Price Performance

Shares of WH Smith stock opened at GBX 368.20 on Monday. The company has a debt-to-equity ratio of 846.40, a current ratio of 0.33 and a quick ratio of 0.42. WH Smith has a fifty-two week low of GBX 345.60 and a fifty-two week high of GBX 712. The firm has a fifty day moving average price of GBX 404.31 and a two-hundred day moving average price of GBX 462.73. The company has a market cap of £554.14 million, a PE ratio of -3.81, a price-to-earnings-growth ratio of 2.65 and a beta of 0.93.

Insider Buying and Selling at WH Smith

In related news, insider Helen Rose acquired 11,102 shares of the stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of GBX 450 per share, for a total transaction of £49,959. Corporate insiders own 1.05% of the company’s stock.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas. The High Street segment sells stationery products, including greeting cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.