WH Smith's (SMWH) Buy Rating Reaffirmed at Berenberg Bank

WH Smith (LON:SMWH - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Berenberg Bank in a note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 1,600 ($20.89) price target on the stock. Berenberg Bank's target price would suggest a potential upside of 15.94% from the stock's current price.

A number of other equities analysts have also recently weighed in on SMWH. Canaccord Genuity Group reissued a "buy" rating and set a GBX 1,469 ($19.18) price objective on shares of WH Smith in a report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 1,310 ($17.11) price target on shares of WH Smith in a research note on Thursday, September 12th.

WH Smith Price Performance

LON:SMWH traded up GBX 1 ($0.01) during trading hours on Tuesday, hitting GBX 1,380 ($18.02). The stock had a trading volume of 232,997 shares, compared to its average volume of 378,801. The company has a 50 day simple moving average of GBX 1,330.04 and a two-hundred day simple moving average of GBX 1,245.67. The firm has a market capitalization of £1.80 billion, a price-to-earnings ratio of 2,816.33, a P/E/G ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 326.20, a current ratio of 0.64 and a quick ratio of 0.42. WH Smith has a one year low of GBX 1,069 ($13.96) and a one year high of GBX 1,499 ($19.57).

About WH Smith

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. It operates stores in airports, hospitals, railway stations, and motorway service areas.