Brokerages Set WH Smith Plc (LON:SMWH) PT at GBX 2,453.75

Shares of WH Smith Plc (LON:SMWH) have earned an average recommendation of “Buy” from the six analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,453.75 ($32.28).

Several research analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 2,600 ($34.20) target price (up from GBX 2,400 ($31.57)) on shares of WH Smith in a research note on Tuesday, November 19th. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,550 ($33.54) target price on shares of WH Smith in a research note on Thursday, October 17th. UBS Group reaffirmed a “sell” rating on shares of WH Smith in a research note on Friday, October 11th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of WH Smith in a research note on Tuesday, December 3rd.

WH Smith stock traded up GBX 8 ($0.11) during mid-day trading on Friday, hitting GBX 2,430 ($31.97). The company had a trading volume of 297,062 shares, compared to its average volume of 316,134. The company has a current ratio of 1.07, a quick ratio of 0.34 and a debt-to-equity ratio of 96.62. WH Smith has a 12-month low of GBX 1,678 ($22.07) and a 12-month high of GBX 2,490 ($32.75). The company’s fifty day moving average is GBX 2,329 and its 200-day moving average is GBX 2,094.76. The company has a market capitalization of $2.79 billion and a price-to-earnings ratio of 25.00.

The company also recently disclosed a dividend, which will be paid on Thursday, January 30th. Investors of record on Thursday, January 9th will be paid a GBX 41 ($0.54) dividend. This is an increase from WH Smith’s previous dividend of $17.20. This represents a yield of 1.86%. The ex-dividend date is Thursday, January 9th. WH Smith’s dividend payout ratio is currently 0.84%.

In other WH Smith news, insider Robert Moorhead sold 13,147 shares of the company’s stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of GBX 2,272 ($29.89), for a total value of £298,699.84 ($392,922.70). Also, insider Simon Emeny bought 2,000 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was bought at an average price of GBX 2,238 ($29.44) per share, with a total value of £44,760 ($58,879.24).

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. As of August 31, 2018, it operated 867 units primarily in airports, railway stations, motorway service areas, hospitals, and workplaces.

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Analyst Recommendations for WH Smith (LON:SMWH)

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