Brokerages Set WH Smith PLC (LON:SMWH) Target Price at GBX 570

Shares of WH Smith PLC (LON:SMWH) have been given a consensus rating of “Hold” by the seven analysts that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 570.

SMWH has been the subject of several recent analyst reports. Canaccord Genuity Group lowered their target price on shares of WH Smith from GBX 680 to GBX 555 and set a “buy” rating for the company in a research note on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on WH Smith from GBX 700 to GBX 575 and set an “overweight” rating on the stock in a research note on Wednesday, June 17th. UBS Group restated a “neutral” rating and set a GBX 600 price objective on shares of WH Smith in a report on Friday, June 5th. Royal Bank Of Canada lowered their price objective on WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating for the company in a research report on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on WH Smith from GBX 550 to GBX 390 and set a “hold” rating for the company in a research note on Thursday, June 11th.

WH Smith Stock Performance

Shares of LON SMWH opened at GBX 408.64 on Wednesday. The company has a market cap of £615.01 million, a PE ratio of -4.23, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. WH Smith has a 12 month low of GBX 378.60 and a 12 month high of GBX 1,120. The company has a debt-to-equity ratio of 846.40, a current ratio of 0.33 and a quick ratio of 0.42. The company has a 50-day simple moving average of GBX 444.68 and a 200-day simple moving average of GBX 557.78.

WH Smith (LON:SMWH) last posted its quarterly earnings data on Thursday, April 23rd. The company reported GBX (20) earnings per share for the quarter. The firm had revenue of £748 million during the quarter. WH Smith had a negative net margin of 9.48% and a negative return on equity of 90.46%. On average, equities analysts anticipate that WH Smith will post 100.9372747 earnings per share for the current year.

Insider Buying and Selling

In other WH Smith news, insider Situl Jobanputra purchased 3,658 shares of the stock in a transaction on Wednesday, June 10th. The stock was bought at an average price of GBX 410 per share, for a total transaction of £14,997.80. Also, insider Helen Rose acquired 12,195 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were bought at an average cost of GBX 410 per share, with a total value of £49,999.50. Insiders have bought 443,494 shares of company stock worth $184,437,140 over the last ninety days. Insiders own 0.88% of the company’s stock.

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. 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.