WH Smith Plc (SMWH) Stock Rating Reaffirmed by JPMorgan Chase & Co.
WH Smith Plc (LON:SMWH)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a research report issued on Friday. They presently have a GBX 1,850 ($22.55) price target on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 21.07% from the company’s previous close.
A number of other analysts have also weighed in on the company. Peel Hunt reissued a “buy” rating and set a GBX 1,900 ($23.16) price objective on shares of WH Smith Plc in a research note on Tuesday, August 2nd. Barclays PLC reissued an “equal weight” rating and set a GBX 1,870 ($22.79) price objective on shares of WH Smith Plc in a research note on Thursday, August 25th. Liberum Capital reissued a “hold” rating and set a GBX 1,700 ($20.72) price objective on shares of WH Smith Plc in a research note on Wednesday, August 24th. Investec dropped their price objective on WH Smith Plc from GBX 1,820 ($22.18) to GBX 1,550 ($18.89) and set a “hold” rating for the company in a research note on Wednesday, August 24th. Finally, Canaccord Genuity reissued a “hold” rating and set a GBX 1,525 ($18.59) price objective on shares of WH Smith Plc in a research note on Thursday, October 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. WH Smith Plc has an average rating of “Hold” and a consensus price target of GBX 1,678.93 ($20.46).
Shares of WH Smith Plc (LON:SMWH) opened at 1540.00 on Friday. WH Smith Plc has a 52 week low of GBX 1,174.00 and a 52 week high of GBX 1,893.00. The firm’s 50-day moving average is GBX 1,546.28 and its 200-day moving average is GBX 1,618.21. The company’s market cap is GBX 1.76 billion.
The firm also recently declared a dividend, which will be paid on Thursday, February 2nd. Investors of record on Thursday, January 12th will be paid a GBX 30.50 ($0.37) dividend. This is a positive change from WH Smith Plc’s previous dividend of $13.40. The ex-dividend date is Thursday, January 12th. This represents a yield of 1.99%.
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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