WH Smith’s (SMWH) “Buy” Rating Reaffirmed at Peel Hunt

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Peel Hunt reiterated their buy rating on shares of WH Smith (LON:SMWH) in a research note issued to investors on Thursday, LSE.Co.UK reports. They currently have a GBX 2,550 ($33.32) price objective on the stock.

SMWH has been the subject of a number of other reports. Peel Hunt reissued a buy rating and set a GBX 2,550 ($33.32) price objective on shares of WH Smith in a report on Monday, October 14th. UBS Group reissued a sell rating on shares of WH Smith in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 2,344.17 ($30.63).

Shares of WH Smith stock opened at GBX 2,292 ($29.95) on Thursday. WH Smith has a one year low of GBX 1,678 ($21.93) and a one year high of GBX 2,222 ($29.03). The firm has a market capitalization of $2.47 billion and a price-to-earnings ratio of 27.25. The business has a 50-day simple moving average of GBX 2,008.88 and a 200 day simple moving average of GBX 2,032.79. The company has a debt-to-equity ratio of 143.09, a current ratio of 0.99 and a quick ratio of 0.40.

The business also recently disclosed a dividend, which will be paid on Thursday, January 30th. Shareholders of record on Thursday, January 9th will be issued a dividend of GBX 41 ($0.54) per share. This is a positive change from WH Smith’s previous dividend of $17.20. This represents a yield of 1.86%. The ex-dividend date of this dividend is Thursday, January 9th. WH Smith’s payout ratio is currently 0.40%.

In other WH Smith news, insider Stephen Clarke sold 47,799 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of GBX 2,139 ($27.95), for a total transaction of £1,022,420.61 ($1,335,973.62).

WH Smith Company Profile

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. As of August 31, 2018, it operated 867 units primarily in airports, railway stations, motorway service areas, hospitals, and workplaces.

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Analyst Recommendations for WH Smith (LON:SMWH)

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