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).
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).
WH Smith company profile
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.
This instant news alert was generated by MarketBeat’s narrative science technology and financial data to provide readers with the fastest, most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send questions or comments about this story to [email protected]
Before you consider WH Smith, you should hear this.
MarketBeat tracks Wall Street’s best-in-class, top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes hold… and WH Smith wasn’t on the list.
While WH Smith currently has a buy rating among analysts, top analysts believe these five stocks are better buys.
Check out the five stocks here