WH Smith (LON:SMWH)‘s stock had its “sell” rating restated by equities research analysts at UBS Group in a research note issued on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a GBX 1,800 ($23.52) target price on the stock, up from their prior target price of GBX 1,675 ($21.89). UBS Group’s price objective indicates a potential downside of 11.50% from the company’s current price.
SMWH has been the subject of a number of other research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 2,400 ($31.36) price objective (up previously from GBX 2,300 ($30.05)) on shares of WH Smith in a research note on Tuesday, February 12th. JPMorgan Chase & Co. raised their price objective on shares of WH Smith from GBX 2,300 ($30.05) to GBX 2,450 ($32.01) and gave the stock an “overweight” rating in a research note on Friday, April 12th. Peel Hunt reaffirmed a “buy” rating on shares of WH Smith in a research note on Wednesday, January 23rd. Finally, Barclays raised their price objective on shares of WH Smith from GBX 2,100 ($27.44) to GBX 2,215 ($28.94) and gave the stock an “overweight” rating in a research note on Friday, April 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 2,260.83 ($29.54).
Shares of LON:SMWH opened at GBX 2,034 ($26.58) on Wednesday. The company has a market cap of $2.19 billion and a P/E ratio of 24.19. 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 quick ratio of 0.40, a current ratio of 0.99 and a debt-to-equity ratio of 143.09.
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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