888 Holdings Given Buy Rating at Numis Securities Ltd (888)
888 Holdings (LON:888)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Thursday, AmericanBankingNews.com reports. They currently have a GBX 220 ($3.53) price objective on the stock. Numis Securities Ltd’s target price suggests a potential upside of 34.31% from the company’s current price.
Shares of 888 Holdings (LON:888) opened at 163.90 on Thursday. 888 Holdings has a 52 week low of GBX 91.50 and a 52 week high of GBX 186.80. The stock’s 50-day moving average is GBX 155.5 and its 200-day moving average is GBX 160.8. The company’s market cap is £574.0 million.
A number of other analysts have also recently weighed in on 888. Analysts at Investec reiterated a “buy” rating on shares of 888 Holdings in a research note to investors on Monday, September 23rd. They now have a GBX 185 ($2.97) price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of 888 Holdings in a research note to investors on Friday, September 6th. They now have a GBX 175 ($2.81) price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of 888 Holdings from GBX 155 ($2.49) to GBX 160 ($2.57) in a research note to investors on Wednesday, August 28th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 170.85 ($2.74).
888 Holdings plc is engaged in the provision of online gaming entertainment to the customers, as well as business partners.
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