WH Smith (LON:SMWH) Hits New 12-Month High at $1,456.00

WH Smith PLC (LON:SMWH) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,456 ($19.50) and last traded at GBX 1,446 ($19.36), with a volume of 92439 shares changing hands. The stock had previously closed at GBX 1,438 ($19.26).

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SMWH. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,310 ($17.54) target price on shares of WH Smith in a report on Thursday, September 12th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,469 ($19.67) price objective on shares of WH Smith in a report on Wednesday, September 11th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,600 ($21.42) target price on shares of WH Smith in a report on Wednesday, June 5th.

WH Smith Trading Up 0.7 %

The business’s 50 day moving average price is GBX 1,285.42 and its two-hundred day moving average price is GBX 1,227.45. The company has a market capitalization of £1.90 billion, a price-to-earnings ratio of 2,934.69, a P/E/G ratio of 2.65 and a beta of 1.67. The company has a current ratio of 0.64, a quick ratio of 0.42 and a debt-to-equity ratio of 326.20.

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.