William Hill Stock Rating Lowered by Barclays (WMH)
William Hill (LON:WMH) was downgraded by equities research analysts at Barclays to an “equal weight” rating in a research note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 420 ($6.89) price target on the stock, down from their previous price target of GBX 440 ($7.22). Barclays’ target price indicates a potential upside of 13.18% from the company’s current price.
Shares of William Hill (LON:WMH) traded down 7.18% during mid-day trading on Thursday, hitting GBX 371.10. 14,797,455 shares of the company’s stock traded hands. William Hill has a 52-week low of GBX 313.874 and a 52-week high of GBX 494.60. The stock has a 50-day moving average of GBX 383.7 and a 200-day moving average of GBX 415.6. The company’s market cap is £3.105 billion.
A number of other firms have also recently commented on WMH. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of William Hill in a research note to investors on Wednesday. They now have a GBX 550 ($9.02) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of William Hill in a research note to investors on Wednesday. They now have a GBX 360 ($5.90) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of William Hill in a research note to investors on Tuesday. They now have a GBX 505 ($8.28) price target on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eighteen have given a buy rating to the company. William Hill presently has a consensus rating of “Buy” and an average target price of GBX 468.25 ($7.68).
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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