Brokerages Set WH Smith PLC (LON:SMWH) PT at GBX 868.60

Shares of WH Smith PLC (LON:SMWH) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the company, Marketbeat reports. Two investment 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 analysts that have issued a report on the stock in the last year is GBX 868.60.

Several research analysts have weighed in on the stock. Berenberg Bank dropped their price objective on shares of WH Smith from GBX 700 to GBX 667 and set a “hold” rating on the stock in a research note on Monday, January 19th. Peel Hunt reiterated a “buy” rating and issued a GBX 800 price objective on shares of WH Smith in a research note on Friday, December 19th.

Insiders Place Their Bets

In related news, insider Max Izzard acquired 25,000 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were purchased at an average price of GBX 675 per share, for a total transaction of £168,750. Corporate insiders own 1.03% of the company’s stock.

WH Smith Stock Up 5.7%

WH Smith stock opened at GBX 611 on Monday. The firm has a market cap of £761.89 million, a PE ratio of -5.39, a P/E/G ratio of 2.65 and a beta of 0.96. The company has a debt-to-equity ratio of 872.78, a quick ratio of 0.42 and a current ratio of 0.39. The firm’s 50 day moving average price is GBX 621.17 and its two-hundred day moving average price is GBX 645.28. WH Smith has a twelve month low of GBX 519 and a twelve month high of GBX 1,132.

About WH Smith

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. The High Street segment sells stationery products, including greeting cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.