WH Smith PLC (LON:SMWH) Stock Has Average Target Price of GBX 566.43

WH Smith PLC (LON:SMWH) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 566.43.

SMWH has been the subject of a number of recent analyst reports. Canaccord Genuity Group cut their price target on shares of WH Smith from GBX 555 to GBX 535 and set a “buy” rating for the company in a report on Wednesday, September 16th. JPMorgan Chase & Co. decreased their price target on shares of WH Smith from GBX 575 to GBX 550 and set an “overweight” rating for the company in a research note on Thursday, September 17th. Finally, Berenberg Bank boosted their target price on shares of WH Smith from GBX 420 to GBX 440 and gave the stock a “hold” rating in a research note on Thursday, September 17th.

WH Smith Trading Down 0.5%

WH Smith stock opened at GBX 430.40 on Friday. WH Smith has a 52 week low of GBX 345.60 and a 52 week high of GBX 710. The stock has a 50-day moving average price of GBX 391.30 and a 200 day moving average price of GBX 498.05. The company has a quick ratio of 0.42, a current ratio of 0.33 and a debt-to-equity ratio of 846.40. The company has a market capitalization of £647.75 million, a price-to-earnings ratio of -4.45, a price-to-earnings-growth ratio of 2.65 and a beta of 0.93.

Insider Activity at WH Smith

In other WH Smith news, insider Helen Rose purchased 11,102 shares of WH Smith stock in a transaction dated Monday, August 10th. The stock was acquired at an average cost of GBX 450 per share, with a total value of £49,959. Company insiders own 0.89% of the company’s stock.

About WH Smith

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.