Canaccord Genuity Group Reaffirms “Buy” Rating for WH Smith (LON:SMWH)

Canaccord Genuity Group reiterated their buy rating on shares of WH Smith (LON:SMWH) in a report issued on Wednesday morning, Marketbeat reports. Canaccord Genuity Group currently has a GBX 1,469 ($19.21) price objective on the stock.

Separately, Berenberg Bank restated a buy rating and issued a GBX 1,600 ($20.92) price target on shares of WH Smith in a report on Wednesday, June 5th.

WH Smith Stock Performance

The company has a current ratio of 0.64, a quick ratio of 0.42 and a debt-to-equity ratio of 326.20. The business’s 50 day moving average is GBX 1,254.81 and its 200-day moving average is GBX 1,219.03. WH Smith has a fifty-two week low of GBX 1,069 ($13.98) and a fifty-two week high of GBX 1,423 ($18.61). The stock has a market capitalization of £1.82 billion, a P/E ratio of 2,830.34, a P/E/G ratio of 2.65 and a beta of 1.67.

WH Smith Company Profile

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.