WH Smith (LON:SMWH) Price Target Raised to GBX 800

WH Smith (LON:SMWH) had its price target raised by JPMorgan Chase & Co. from GBX 750 to GBX 800 in a research report report published on Tuesday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

SMWH has been the subject of a number of other reports. Peel Hunt downgraded WH Smith to a “hold” rating and cut their price objective for the company from GBX 1,400 to GBX 755 in a research note on Thursday, August 21st. Berenberg Bank lowered shares of WH Smith to a “hold” rating and dropped their price target for the stock from GBX 1,600 to GBX 700 in a research report on Thursday, September 11th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of 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. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of GBX 866.20.

WH Smith Stock Performance

LON:SMWH opened at GBX 689 on Tuesday. The company has a debt-to-equity ratio of 253.13, a quick ratio of 0.42 and a current ratio of 0.85. The stock has a 50-day simple moving average of GBX 661.57 and a two-hundred day simple moving average of GBX 856.75. The firm has a market capitalization of £858.22 million, a PE ratio of 153.11, a P/E/G ratio of 2.65 and a beta of 1.67. WH Smith has a 52-week low of GBX 585.50 and a 52-week high of GBX 1,315.

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.