WH Smith (SMWH) Given Buy Rating at Peel Hunt

WH Smith (LON:SMWH)‘s stock had its “buy” rating reissued by research analysts at Peel Hunt in a research note issued on Wednesday, March 27th, ThisIsMoney.Co.Uk reports.

SMWH has been the subject of several other reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 2,400 ($31.36) price objective (up from GBX 2,300 ($30.05)) on shares of WH Smith in a report on Tuesday, February 12th. Barclays cut their price objective on shares of WH Smith from GBX 2,270 ($29.66) to GBX 2,100 ($27.44) and set an “overweight” rating for the company in a report on Tuesday, January 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 2,353 ($30.75).

SMWH stock traded up GBX 20 ($0.26) during trading on Wednesday, reaching GBX 2,104 ($27.49). The stock had a trading volume of 381,871 shares, compared to its average volume of 316,134. WH Smith has a one year low of GBX 1,678 ($21.93) and a one year high of GBX 2,222 ($29.03). The company has a debt-to-equity ratio of 143.09, a quick ratio of 0.40 and a current ratio of 0.99. The company has a market capitalization of $2.27 billion and a price-to-earnings ratio of 25.02.

In other WH Smith news, insider Robert Moorhead sold 25,000 shares of the firm’s stock in a transaction on Monday, February 18th. The shares were sold at an average price of GBX 2,038 ($26.63), for a total value of £509,500 ($665,751.99).

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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