Thirteen UK brokerages have given WH Smith PLC, a publicly traded company, a ‘buy’ rating. This is relevant to Australian newsagents as WH Smith is in acquisition mode in our channel here as we have seen with the acquisition of Supanews this month and a couple of card and gift groups earlier in the year.
The Grocer had a report last month on their trading results which feeds into this latest analysis. Australia gets a brief mention.