Published On: Sun, Sep 11th, 2016

WH Smith Plc (SMWH) Stock Rating Reaffirmed by Peel Hunt

WH Smith Plc (LON:SMWH)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research note issued on Tuesday. They presently have a GBX 1,900 ($25.31) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 22.19% from the company’s current price.
Several other equities research analysts have also issued reports on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of WH Smith Plc in a report on Monday, August 1st. Liberum Capital cut their target price on shares of WH Smith Plc from GBX 1,900 ($25.31) to GBX 1,700 ($22.64) and set a “hold” rating on the stock in a research report on Tuesday, July 5th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,850 ($24.64) target price on shares of WH Smith Plc in a research report on Thursday, June 9th. Canaccord Genuity reiterated a “hold” rating and set a GBX 1,695 ($22.58) target price on shares of WH Smith Plc in a research report on Wednesday, June 8th. Finally, Numis Securities Ltd reiterated a “reduce” rating and set a GBX 1,500 ($19.98) target price on shares of WH Smith Plc in a research report on Thursday, April 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. The company 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) traded down 2.32% during midday trading on Tuesday, reaching GBX 1555.00. 220,635 shares of the company’s stock traded hands. The stock’s market cap is GBX 1.77 billion. The stock has a 50-day moving average price of GBX 1,563.94 and a 200-day moving average price of GBX 1,667.71. WH Smith Plc has a 52-week low of GBX 1,174.00 and a 52-week high of GBX 1,893.00.

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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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