Reaffirmed: WH Smith PLC (LON:SMWH) “Buy” Rating Reaffirmed at Investec; GBX 1820.00 Target in Place

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WH Smith PLC (LON:SMWH) Rating Reaffirmed

Stock analysts at Investec now has a GBX 1820.00 price target on WH Smith PLC (LON:SMWH). Investec and their recent price target would indicate a potential upside of 3.35% from the company’s price per share. The rating has been disclosed in an interesting research report on 15 December.

From a total of 15 analysts covering WH Smith (LON:SMWH) stock, 5 rate it a ”Buy”, 3 a “Sell”, and 8 a ”Hold”. This means that 31% of the ratings are positive. The highest target price is GBX 1900 while the lowest target price is GBX 1200. The mean of all analyst targets is GBX 1611.87 with a -5.99% below today’s (GBX 1760) stock price. WH Smith was the topic of 42 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Buy” rating. Canaccord Genuity maintained shares with “Hold” rating and GBX 1660 target share price in a report from an October 20. Nomura maintained SMWH stock in a recent report from December 7 with “Neutral” rating. JP Morgan maintained the rating on October 16. JP Morgan has a “Overweight” rating and a GBX 1700 price target on shares. Finally, Numis Securities downgraded the stock to “Reduce” rating in a report issued on an October 29.

Approximately 65,577 shares of stock traded hands. WH Smith Plc (LON:SMWH) has risen 17.25% since May 18, 2015 and is uptrending. It has outperformed by 20.93% the S&P500.

Reaffirmed: WH Smith PLC (LON:SMWH)

WH Smith PLC is a United Kingdom-based retail company. The company has a market cap of 2.02 billion GBP. The Firm operates through two divisions, namely, High Street and Travel. It has 20.56 P/E ratio. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer.

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