WH Smith Plc (SMWH) Stock Rating Reaffirmed by JPMorgan Chase & Co.
WH Smith Plc (LON:SMWH)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a report issued on Friday. They currently have a GBX 1,850 ($22.55) target price on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 21.07% from the company’s previous close.
SMWH has been the topic of a number of other reports. Haitong Bank reissued a “neutral” rating and issued a GBX 1,680 ($20.48) price target on shares of WH Smith Plc in a report on Thursday, October 13th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,870 ($22.79) price objective on shares of WH Smith Plc in a research note on Thursday, August 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 2,000 ($24.38) price objective on shares of WH Smith Plc in a research note on Tuesday, October 4th. Investec reduced their price objective on WH Smith Plc from GBX 1,820 ($22.18) to GBX 1,550 ($18.89) and set a “hold” rating on the stock in a research note on Wednesday, August 24th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of WH Smith Plc in a research note on Thursday, October 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 1,678.93 ($20.46).
Shares of WH Smith Plc (LON:SMWH) opened at 1540.00 on Friday. WH Smith Plc has a 52 week low of GBX 1,174.00 and a 52 week high of GBX 1,893.00. The stock’s market cap is GBX 1.76 billion. The company has a 50-day moving average price of GBX 1,546.28 and a 200-day moving average price of GBX 1,618.21.
The business also recently announced a dividend, which will be paid on Thursday, February 2nd. Stockholders of record on Thursday, January 12th will be given a dividend of GBX 30.50 ($0.37) per share. The ex-dividend date is Thursday, January 12th. This represents a dividend yield of 1.99%. This is an increase from WH Smith Plc’s previous dividend of $13.40.
About WH Smith Plc
WH Smith PLC is a United Kingdom-based retail company. The Company operates through two divisions, namely, High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer. Its Travel business operates from around 740 units, including in airports, railway stations, motorway service areas, hospitals and workplaces.
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