WH Smith (LON:SMWH) Price Target Lowered to GBX 750 at JPMorgan Chase & Co.

WH Smith (LON:SMWH) had its price objective decreased by JPMorgan Chase & Co. from GBX 900 to GBX 750 in a research note released on Monday morning, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other analysts have also commented on SMWH. Berenberg Bank lowered WH Smith to a “hold” rating and decreased their target price for the company from GBX 1,600 to GBX 700 in a research report on Thursday, September 11th. Deutsche Bank Aktiengesellschaft reduced their price objective on WH Smith from GBX 1,030 to GBX 726 and set a “hold” rating for the company in a research note on Thursday, August 21st. Finally, Peel Hunt lowered WH Smith to a “hold” rating and lowered their target price for the stock from GBX 1,400 to GBX 755 in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 856.20.

WH Smith Price Performance

Shares of LON SMWH opened at GBX 645.68 on Monday. The firm’s 50-day moving average price is GBX 661.55 and its 200-day moving average price is GBX 872.99. WH Smith has a 1-year low of GBX 585.50 and a 1-year high of GBX 1,315. The firm has a market capitalization of £804.26 million, a P/E ratio of 143.48, a P/E/G ratio of 2.65 and a beta of 1.67. The company has a current ratio of 0.85, a quick ratio of 0.42 and a debt-to-equity ratio of 253.13.

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