WH Smith Plc (SMWH) Earns Overweight Rating from Barclays PLC

Barclays PLC reissued their overweight rating on shares of WH Smith Plc (LON:SMWH) in a report issued on Tuesday morning. The brokerage currently has a GBX 2,270 ($29.86) target price on the stock.

SMWH has been the topic of a number of other reports. J P Morgan Chase & Co upped their price target on WH Smith Plc from GBX 1,950 ($25.65) to GBX 2,150 ($28.28) and gave the company an overweight rating in a report on Friday, October 13th. Deutsche Bank AG downgraded WH Smith Plc to a hold rating and set a GBX 1,950 ($25.65) price target on the stock. in a report on Friday, September 8th. Peel Hunt downgraded WH Smith Plc to a hold rating and set a GBX 1,850 ($24.33) price target on the stock. in a report on Thursday, October 5th. Investec reaffirmed a buy rating and set a GBX 2,100 ($27.62) price target on shares of WH Smith Plc in a report on Friday, August 25th. Finally, Royal Bank Of Canada reaffirmed an outperform rating on shares of WH Smith Plc in a report on Monday, August 14th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 1,950.67 ($25.66).

Shares of WH Smith Plc (LON:SMWH) traded up GBX 13 ($0.17) during trading hours on Tuesday, hitting GBX 2,032 ($26.73). The stock had a trading volume of 236,610 shares, compared to its average volume of 372,782. WH Smith Plc has a 1 year low of GBX 1,398 ($18.39) and a 1 year high of GBX 2,106 ($27.70).

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The company also recently disclosed a dividend, which will be paid on Thursday, February 1st. Investors of record on Thursday, January 11th will be given a dividend of GBX 33.60 ($0.44) per share. This represents a yield of 1.62%. The ex-dividend date is Thursday, January 11th. This is a boost from WH Smith Plc’s previous dividend of $14.60.

In related news, insider Robert Moorhead sold 25,000 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of GBX 2,035 ($26.77), for a total transaction of £508,750 ($669,143.76).

WH Smith Plc Company Profile

WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: 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.

Analyst Recommendations for WH Smith Plc (LON:SMWH)

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