William Hill Price Target Cut to GBX 425 by Analysts at Canaccord Genuity (WMH)
Analysts at Canaccord Genuity lowered their price objective on shares of William Hill (LON:WMH) from GBX 438 ($7.07) to GBX 425 ($6.86) in a research report issued to clients and investors on Friday, Analyst Ratings Network reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective indicates a potential upside of 2.91% from the stock’s previous close.
William Hill (LON:WMH) traded down 1.26% during mid-day trading on Friday, hitting GBX 407.80. The stock had a trading volume of 3,078,785 shares. William Hill has a 52-week low of GBX 301.445 and a 52-week high of GBX 494.60. The stock has a 50-day moving average of GBX 431.2 and a 200-day moving average of GBX 428.. The company’s market cap is £3.412 billion.
WMH has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “buy” rating on shares of William Hill (LON:WMH) in a research note to investors on Friday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of William Hill (LON:WMH) in a research note to investors on Friday. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of William Hill (LON:WMH) in a research note to investors on Thursday. They now have a GBX 518 ($8.36) price target on the stock. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 468.59 ($7.56).
William Hill PLC is a gambling company. The Company’s business is to provide its customers with a range of sports betting and gaming opportunities.
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