Royal Bank of Canada Reiterates “Outperform” Rating for WH Smith (LON:SMWH)

Royal Bank of Canada reaffirmed their outperform rating on shares of WH Smith (LON:SMWH) in a research report report published on Tuesday, October 16th.

Several other brokerages have also issued reports on SMWH. Peel Hunt reiterated a hold rating on shares of WH Smith in a report on Thursday, August 30th. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 2,300 ($30.05) price target on shares of WH Smith in a report on Friday, October 12th. Finally, Barclays restated an overweight rating on shares of WH Smith in a report on Friday, October 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 2,170 ($28.35).

Shares of SMWH stock traded up GBX 40 ($0.52) on Tuesday, hitting GBX 2,090 ($27.31). The company had a trading volume of 628,982 shares, compared to its average volume of 316,134. WH Smith has a twelve month low of GBX 1,635 ($21.36) and a twelve month high of GBX 2,347 ($30.67).

The firm also recently declared a dividend, which will be paid on Thursday, January 31st. Investors of record on Thursday, January 10th will be given a dividend of GBX 38.10 ($0.50) per share. This represents a dividend yield of 2.12%. This is an increase from WH Smith’s previous dividend of $16.00. The ex-dividend date of this dividend is Thursday, January 10th.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates through two segments, High Street and Travel. The High Street segment sells stationery products, including greetings cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.

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Analyst Recommendations for WH Smith (LON:SMWH)

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