Haitong Bank reiterated their neutral rating on shares of WH Smith Plc (LON:SMWH) in a research note issued to investors on Thursday morning. The brokerage currently has a GBX 1,680 ($20.79) target price on the stock.
Several other brokerages have also recently issued reports on SMWH. Royal Bank Of Canada reaffirmed an outperform rating and issued a GBX 2,000 ($24.75) target price on shares of WH Smith Plc in a report on Monday, July 11th. Liberum Capital reaffirmed a hold rating and issued a GBX 1,700 ($21.04) target price on shares of WH Smith Plc in a report on Wednesday, August 24th. Peel Hunt reaffirmed a buy rating and issued a GBX 1,900 ($23.51) target price on shares of WH Smith Plc in a report on Tuesday, August 2nd. Investec decreased their price objective on shares of WH Smith Plc from GBX 1,820 ($22.52) to GBX 1,550 ($19.18) and set a hold rating for the company in a report on Wednesday, August 24th. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of WH Smith Plc in a report on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 1,678.93 ($20.78).
WH Smith Plc (LON:SMWH) traded up 2.09% on Thursday, hitting GBX 1564.00. 166,138 shares of the stock were exchanged. WH Smith Plc has a 12 month low of GBX 1,174.00 and a 12 month high of GBX 1,893.00. The company has a 50-day moving average of GBX 1,549.03 and a 200-day moving average of GBX 1,623.46. The stock’s market cap is GBX 1.78 billion.
The company also recently declared a dividend, which will be paid on Thursday, February 2nd. Shareholders of record on Thursday, January 12th will be given a GBX 30.50 ($0.38) dividend. This is a positive change from WH Smith Plc’s previous dividend of $13.40. This represents a dividend yield of 1.99%. The ex-dividend date is Thursday, January 12th.