WH Smith PLC (LON:SMWH) Rating Reaffirmed
Nomura now has a GBX 1620.00 target PPS on shares of WH Smith PLC (LON:SMWH). The target PPS would now indicate a potential downside of -7.32% from the last stock close of WH Smith PLC (LON:SMWH). This rating was disclosed to clients in an analyst research report on Monday, 7 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 1115. The mean of all analyst targets is GBX 1591.53 with a -7.11% below today’s (GBX 1748) stock price. WH Smith was the topic of 39 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 30 with “Hold” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 1700 target share price in a report from an October 19. Numis Securities downgraded SMWH stock in a recent report from October 29 to “Reduce” rating. JP Morgan maintained the rating on October 16. JP Morgan has a “Overweight” rating and a GBX 1700 price target on shares. Finally, Canaccord Genuity maintained the stock with “Hold” rating in a report issued on an October 20.
Approximately 277 shares of stock traded hands. WH Smith Plc (LON:SMWH) has risen 18.98% since May 8, 2015 and is uptrending. It has outperformed by 20.06% the S&P500.
WH Smith PLC is a United Kingdom-based retail company. The company has a market cap of 2.00 billion GBP. The Firm operates through two divisions, namely, High Street and Travel. It has 20.42 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.