WH Smith (LON:SMWH) Given New GBX 726 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has reduced its target price for WH Smith from GBX 1,030 to GBX 726 and maintains a "hold" rating on the stock, indicating a potential upside of only 5.83% from its previous close.
• Other analysts have also lowered their target prices, with Canaccord Genuity decreasing it from GBX 1,460 to GBX 1,350 while maintaining a "buy" rating.
• WH Smith's stock has shown a volatile 12-month performance, reaching a high of GBX 1,499 and a low of GBX 628, now trading around GBX 686.

WH Smith (LON:SMWH - Get Free Report) had its price objective decreased by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 1,030 to GBX 726 in a note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 2.11% from the stock's current price.

A number of other analysts have also commented on SMWH. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of WH Smith in a research note on Wednesday, July 30th. Peel Hunt lowered shares of WH Smith to a "hold" rating and reduced their price objective for the company from GBX 1,400 to GBX 755 in a research note on Thursday. Finally, Canaccord Genuity Group reduced their price objective on shares of WH Smith from GBX 1,460 to GBX 1,350 and set a "buy" rating for the company in a research note on Monday, June 9th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,178.20.

WH Smith Trading Up 11.1%

SMWH stock traded up GBX 71 during mid-day trading on Thursday, reaching GBX 711. 7,382,195 shares of the stock traded hands, compared to its average volume of 529,307. The company has a current ratio of 0.85, a quick ratio of 0.42 and a debt-to-equity ratio of 253.13. WH Smith has a 52-week low of GBX 628 and a 52-week high of GBX 1,499. The company has a market cap of £915.43 million, a P/E ratio of 14.67, a P/E/G ratio of 2.65 and a beta of 1.67. The stock's fifty day moving average is GBX 1,050.73 and its 200-day moving average is GBX 1,044.22.

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.