WH Smith PLC (LON:SMWH) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• WH Smith PLC (LON:SMWH) has received an average rating of "Moderate Buy" from six brokerages, with three recommending a hold and three suggesting a buy.
• Deutsche Bank and Berenberg Bank have recently lowered their price objectives for WH Smith, with Berenberg cutting it from GBX 1,600 to GBX 700.
• The stock opened at GBX 638, with a market capitalization of approximately £794.69 million and a significant debt-to-equity ratio of 253.13.

WH Smith PLC (LON:SMWH - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six ratings firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 998.20.

Several research firms have issued reports on SMWH. Deutsche Bank Aktiengesellschaft lowered 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 report on Thursday, August 21st. Berenberg Bank cut shares of WH Smith to a "hold" rating and lowered their price objective for the company from GBX 1,600 to GBX 700 in a research report on Thursday, September 11th. JPMorgan Chase & Co. reissued an "overweight" rating on shares of WH Smith in a research report on Wednesday, July 30th. Finally, Peel Hunt cut shares of WH Smith to a "hold" rating and lowered their price objective for the company from GBX 1,400 to GBX 755 in a research report on Thursday, August 21st.

WH Smith Price Performance

WH Smith stock opened at GBX 638 on Monday. The stock has a market cap of £794.69 million, a price-to-earnings ratio of 14,177.78, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42. WH Smith has a 1 year low of GBX 628 and a 1 year high of GBX 1,444. The firm has a 50-day moving average of GBX 779.07 and a two-hundred day moving average of GBX 934.52.

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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