JPMorgan Chase & Co. Reaffirms Overweight Rating for WH Smith (LON:SMWH)

WH Smith (LON:SMWH)‘s stock had its “overweight” rating restated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday, Marketbeat Ratings reports.

A number of other analysts have also weighed in on SMWH. Shore Capital restated a “not rated” rating on shares of WH Smith in a research note on Wednesday, April 16th. Canaccord Genuity Group cut their price target on shares of WH Smith from GBX 1,460 ($19.29) to GBX 1,350 ($17.83) and set a “buy” rating on the stock in a report on Monday, June 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, WH Smith currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,430 ($18.89).

WH Smith Price Performance

Shares of LON:SMWH opened at GBX 1,025 ($13.54) on Wednesday. The business has a fifty day moving average price of GBX 1,069.32 and a 200-day moving average price of GBX 1,071.46. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42. The company has a market capitalization of £1.32 billion, a PE ratio of 21.15, a PEG ratio of 2.65 and a beta of 1.67. WH Smith has a 1-year low of GBX 872.50 ($11.53) and a 1-year high of GBX 1,499 ($19.80).

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. It operates stores in airports, hospitals, railway stations, and motorway service areas.