WH Smith Plc (SMWH) Rating Reiterated by Deutsche Bank AG
WH Smith Plc (LON:SMWH)‘s stock had its “hold” rating restated by analysts at Deutsche Bank AG in a report released on Friday.
A number of other research firms have also issued reports on SMWH. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of WH Smith Plc in a research report on Thursday, August 25th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,870 ($23.14) price target on shares of WH Smith Plc in a research report on Thursday, August 25th. Haitong Bank reaffirmed a “neutral” rating and issued a GBX 1,680 ($20.79) price target on shares of WH Smith Plc in a research report on Wednesday, August 24th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 1,700 ($21.04) price target on shares of WH Smith Plc in a research report on Wednesday, August 24th. Finally, Investec reduced their price target on WH Smith Plc from GBX 1,820 ($22.52) to GBX 1,550 ($19.18) and set a “hold” rating on the stock in a research report on Wednesday, August 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,686.07 ($20.87).
Shares of WH Smith Plc (LON:SMWH) opened at 1532.00 on Friday. WH Smith Plc has a 12 month low of GBX 1,174.00 and a 12 month high of GBX 1,893.00. The company has a 50-day moving average price of GBX 1,549.03 and a 200-day moving average price of GBX 1,623.46. The stock’s market cap is GBX 1.75 billion.
The company also recently declared a dividend, which will be paid on Thursday, February 2nd. Investors of record on Thursday, January 12th will be paid a dividend of GBX 30.50 ($0.38) per share. This represents a yield of 1.99%. The ex-dividend date is Thursday, January 12th. This is an increase from WH Smith Plc’s previous dividend of $13.40.
About WH Smith Plc
WH Smith PLC is a United Kingdom-based retail company. The Company operates through two divisions, namely, High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer. Its Travel business operates from around 740 units, including in airports, railway stations, motorway service areas, hospitals and workplaces.
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