WH Smith’s (SMWH) Buy Rating Reiterated at Peel Hunt

WH Smith (LON:SMWH)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a note issued to investors on Thursday, LSE.Co.UK reports. They currently have a GBX 2,550 ($33.32) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 11.45% from the stock’s current price.

SMWH has been the topic of a number of other reports. UBS Group restated a “sell” rating on shares of WH Smith in a research report on Friday, October 11th. Peel Hunt restated a “buy” rating and issued a GBX 2,550 ($33.32) price target on shares of WH Smith in a research report on Monday, October 14th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 2,344.17 ($30.63).

WH Smith stock opened at GBX 2,288 ($29.90) on Thursday. The firm’s 50-day moving average is GBX 2,008.88 and its 200-day moving average is GBX 2,032.79. The company has a debt-to-equity ratio of 143.09, a quick ratio of 0.40 and a current ratio of 0.99. WH Smith has a 1 year low of GBX 1,678 ($21.93) and a 1 year high of GBX 2,222 ($29.03). The company has a market cap of $2.47 billion and a P/E ratio of 27.21.

In related news, insider Stephen Clarke sold 47,799 shares of the stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of GBX 2,139 ($27.95), for a total value of £1,022,420.61 ($1,335,973.62).

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. As of August 31, 2018, it operated 867 units primarily in airports, railway stations, motorway service areas, hospitals, and workplaces.

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Analyst Recommendations for WH Smith (LON:SMWH)

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