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WH Smith ( (GB:SMWH) ) has provided an announcement.
WH Smith PLC has announced a change in its voting rights structure following an acquisition or disposal by BlackRock, Inc. The notification indicates that BlackRock’s total voting rights in WH Smith have decreased from 8.68% to 8.39%, reflecting a slight reduction in their stake. This adjustment in voting rights could impact the company’s shareholder dynamics and influence future decision-making processes.
The most recent analyst rating on (GB:SMWH) stock is a Buy with a £1500.00 price target. To see the full list of analyst forecasts on WH Smith stock, see the GB:SMWH Stock Forecast page.
Spark’s Take on GB:SMWH Stock
According to Spark, TipRanks’ AI Analyst, GB:SMWH is a Neutral.
The overall score reflects strong financial performance and positive corporate events, offset by technical analysis indicating weak momentum and a high P/E ratio suggesting overvaluation.
To see Spark’s full report on GB:SMWH stock, click here.
More about WH Smith
WH Smith PLC is a UK-based company operating in the retail industry, primarily offering a range of products including books, stationery, magazines, and convenience products. The company has a significant presence in travel locations such as airports and railway stations, focusing on serving customers on the move.
Average Trading Volume: 333,081
Technical Sentiment Signal: Sell
Current Market Cap: £1.26B
See more data about SMWH stock on TipRanks’ Stock Analysis page.