WH Smith (SMWH) Receives Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of WH Smith (LON:SMWH) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also commented on SMWH. UBS Group reaffirmed a sell rating on shares of WH Smith in a research report on Friday, April 12th. Royal Bank of Canada reaffirmed an outperform rating and set a GBX 2,400 ($31.36) price target (up previously from GBX 2,300 ($30.05)) on shares of WH Smith in a research report on Tuesday, February 12th. JPMorgan Chase & Co. upped their price target on shares of WH Smith from GBX 2,300 ($30.05) to GBX 2,450 ($32.01) and gave the company an overweight rating in a research report on Friday, April 12th. Finally, Barclays upped their price target on shares of WH Smith from GBX 2,100 ($27.44) to GBX 2,215 ($28.94) and gave the company an overweight rating in a research report on Friday, April 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 2,260.83 ($29.54).

SMWH opened at GBX 1,995 ($26.07) on Monday. The company has a current ratio of 0.99, a quick ratio of 0.40 and a debt-to-equity ratio of 143.09. The stock has a market cap of $2.15 billion and a price-to-earnings ratio of 23.72. WH Smith has a 52-week low of GBX 1,678 ($21.93) and a 52-week high of GBX 2,222 ($29.03).

The firm also recently declared a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 17.20 ($0.22) per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, July 11th. WH Smith’s payout ratio is currently 0.40%.

WH Smith Company Profile

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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