Oriel Securities Ltd upgraded shares of WH Smith (LON:SMWH) to a hold rating in a research note issued to investors on Wednesday, StockRatingsNetwork reports. The firm currently has GBX 950 ($15.23) price target on the stock.
Shares of WH Smith (LON:SMWH) traded up 0.21% during mid-day trading on Wednesday, hitting GBX 963.00. 366,265 shares of the company’s stock traded hands. WH Smith has a 52 week low of GBX 570.00 and a 52 week high of GBX 973.4999. The stock has a 50-day moving average of GBX 881.7 and a 200-day moving average of GBX 799.6. The company’s market cap is £1.156 billion.
A number of other firms have also recently commented on SMWH. Analysts at Barclays raised their price target on shares of WH Smith from GBX 935 ($14.99) to GBX 990 ($15.87) in a research note to investors on Monday, October 21st. They now have an overweight rating on the stock. Separately, analysts at Seymour Pierce raised their price target on shares of WH Smith from GBX 900 ($14.43) to GBX 950 ($15.23) in a research note to investors on Friday, October 11th. They now have a buy rating on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of WH Smith from GBX 900 ($14.43) to GBX 950 ($15.23) in a research note to investors on Friday, October 11th. They now have a buy rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 772.84 ($12.39).
WH Smith PLC is a retail company. The Company has two businesses divisions: Travel and High Street. Its Travel division sells a range of newspapers, magazines, books and impulse products in airports, train stations, hospitals, workplaces and bus stations, and High Street division sells a range of books, stationery, newspapers, magazines and entertainment products.
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