WH Smith (LON:SMWH) Reaches New 12-Month Low - What's Next?

Key Points

• WH Smith PLC's share price recently fell to a new 12-month low of GBX 627.50 ($8.44) with the last trade at GBX 634.50 ($8.53).
• Analysts have downgraded WH Smith's stock ratings, with Berenberg Bank and Peel Hunt reducing their price targets to GBX 700 and GBX 755, respectively.
• The company currently has a market capitalization of £782.24 million and an average stock rating of "Moderate Buy," with a consensus target price of GBX 998.20.

WH Smith PLC (LON:SMWH - Get Free Report)'s share price hit a new 52-week low on Friday . The company traded as low as GBX 627.50 ($8.44) and last traded at GBX 634.50 ($8.53), with a volume of 47742 shares. The stock had previously closed at GBX 643 ($8.64).

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SMWH shares. Berenberg Bank cut 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. Peel Hunt cut WH Smith to a "hold" rating and dropped their price target for the stock from GBX 1,400 to GBX 755 in a research report on Thursday, August 21st. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of WH Smith in a research report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on WH Smith from GBX 1,030 to GBX 726 and set a "hold" rating on the stock in a research report on Thursday, August 21st. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 998.20.

WH Smith Price Performance

The firm has a market capitalization of £782.24 million, a P/E ratio of 13,955.56, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The business has a fifty day moving average of GBX 746.98 and a 200-day moving average of GBX 925.15. The company has a debt-to-equity ratio of 253.13, a quick ratio of 0.42 and a current ratio of 0.85.

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.

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