WH Smith (LON:SMWH) Given New GBX 650 Price Target at Royal Bank Of Canada

WH Smith (LON:SMWH) had its target price cut by Royal Bank Of Canada from GBX 675 to GBX 650 in a research note issued to investors on Monday,Digital Look reports. They currently have a sector perform rating on the stock.

Several other equities research analysts have also recently commented on SMWH. Peel Hunt reissued a “buy” rating and set a GBX 800 target price on shares of WH Smith in a report on Friday, December 19th. Berenberg Bank dropped their price target on WH Smith from GBX 700 to GBX 667 and set a “hold” rating on the stock in a report on Monday, January 19th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, WH Smith presently has an average rating of “Moderate Buy” and an average target price of GBX 832.17.

WH Smith Price Performance

Shares of LON:SMWH opened at GBX 585.88 on Monday. WH Smith has a 12 month low of GBX 519 and a 12 month high of GBX 1,132. The stock has a market cap of £730.56 million, a price-to-earnings ratio of -5.17, a PEG ratio of 2.65 and a beta of 1.00. The stock’s 50 day moving average price is GBX 616.57 and its 200 day moving average price is GBX 643.47. The company has a debt-to-equity ratio of 872.78, a current ratio of 0.39 and a quick ratio of 0.42.

Insiders Place Their Bets

In other news, insider Max Izzard acquired 25,000 shares of the stock in a transaction on Thursday, January 29th. The shares were purchased at an average cost of GBX 675 per share, for a total transaction of £168,750. Insiders own 1.03% of the company’s stock.

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. The High Street segment sells stationery products, including greeting cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.