RBC Capital downgraded WH Smith (WHTPF) to Sector Perform from Outperform with a price target of 650 GBp, down from 675 GBp. The firm cites its more cautious view on the outlook for passenger numbers in the UK and rest of world for the downgrade.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WHTPF:
- WH Smith Reshapes Leadership as Leo Quinn Becomes Executive Chair
- WH Smith Reshapes Board as Leo Quinn Becomes Executive Chair
- WH Smith Confirms Total Voting Share Capital at End of March 2026
- WH Smith Investors Back Leo Quinn as Executive Chairman Amid Pay Scrutiny
- WH Smith price target lowered to 634 GBp from 657 GBp at Berenberg