WH Smith (LON:SMWH) Price Target Cut to GBX 1,390 by Analysts at Deutsche Bank Aktiengesellschaft

WH Smith (LON:SMWH – rating received) Equity analysts at Deutsche Bank Aktiengesellschaft slashed its price target to GBX 1,390 ($16.80) from GBX 1,840 ($22.23) in a research report released to clients and investors on Thursday, Marketbeat reports. The broker currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 21.82% from the stock’s previous close.

Separately, Barclays reiterated an “overweight” rating and price target of GBX 2,180 ($26.34) on shares of WH Smith in a research report on Tuesday, August 9. Seven investment analysts have given the stock a buy rating. According to MarketBeat, WH Smith has a consensus rating of buy and an average price target of GBX 2,010 ($24.29).

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WH Smith course performance

WH Smith’s stock opened at GBX 1,141 ($13.79) on Thursday. WH Smith has a 12-month low of GBX 1,110 ($13.41) and a 12-month high of GBX 1,730 ($20.90). The stock’s 50-day moving average is GBX1,349.35 and the 200-day moving average is GBX1,427.17. The company has a current ratio of 0.81, a quick ratio of 0.38 and a debt to equity ratio of 423.56. The company has a market cap of £1.49 billion and a price-to-earnings ratio of -42.92.

Insider activity at WH Smith

In related news, insider Annette Court acquired 3,000 shares of the company’s stock in a transaction that took place on Thursday, September 8th. The stock was acquired at an average price of GBX1,393 ($16.83) per share for a total transaction of £41,790 ($50,495.41).

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WH Smith company profile

(get rating)

WH Smith PLC operates as a retailer in the UK and internationally. It operates through two segments, Travel and High Street. The travel segment offers news, books and convenience for traveling customers. As of August 31, 2021, the company operated 1,166 units primarily in airports, hospitals, train stations, highway rest stops and workplaces.

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Analyst Recommendations for WH Smith (LON:SMWH)

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