Published On: Sun, Sep 18th, 2016

WH Smith Plc (SMWH) Given Outperform Rating at Royal Bank Of Canada

WH Smith Plc (LON:SMWH)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a report issued on Monday.
Several other analysts also recently issued reports on SMWH. Numis Securities Ltd reissued a “reduce” rating and issued a GBX 1,500 ($19.98) price objective on shares of WH Smith Plc in a research note on Thursday, April 14th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of WH Smith Plc in a research note on Thursday, April 14th. Peel Hunt lifted their price target on shares of WH Smith Plc from GBX 1,800 ($23.97) to GBX 1,900 ($25.31) and gave the company an “add” rating in a research note on Thursday, April 14th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 1,850 ($24.64) price target on shares of WH Smith Plc in a research note on Thursday, April 14th. Finally, Haitong Bank reaffirmed a “neutral” rating and set a GBX 1,700 ($22.64) price target on shares of WH Smith Plc in a research note on Wednesday, April 13th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. WH Smith Plc currently has an average rating of “Hold” and a consensus price target of GBX 1,698.21 ($22.62).
Shares of WH Smith Plc (LON:SMWH) opened at 1560.00 on Monday. WH Smith Plc has a 1-year low of GBX 1,174.00 and a 1-year high of GBX 1,893.00. The stock’s market cap is GBX 1.78 billion. The company has a 50 day moving average price of GBX 1,565.41 and a 200 day moving average price of GBX 1,657.96.

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About WH Smith Plc
WH Smith PLC is a United Kingdom-based retail company. The Company operates through two divisions, namely, 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. Its Travel business operates from around 740 units, including in airports, railway stations, motorway service areas, hospitals and workplaces.

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