Nomura Reiterates “Buy” Rating for William Hill (WMH)
William Hill (LON:WMH)‘s stock had its “buy” rating reaffirmed by equities researchers at Nomura in a research report issued on Tuesday, American Banking News reports. They currently have a GBX 505 ($8.28) target price on the stock. Nomura’s target price suggests a potential upside of 31.99% from the company’s current price.
Shares of William Hill (LON:WMH) opened at 382.60 on Tuesday. William Hill has a 1-year low of GBX 338.70 and a 1-year high of GBX 494.60. The stock has a 50-day moving average of GBX 385.1 and a 200-day moving average of GBX 414.. The company’s market cap is £3.201 billion.
A number of other firms have also recently commented on WMH. Analysts at Investec reiterated a “buy” rating on shares of William Hill in a research note to investors on Wednesday, December 18th. They now have a GBX 530 ($8.69) price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of William Hill from GBX 425 ($6.97) to GBX 408 ($6.69) in a research note to investors on Tuesday, December 17th. They now have a “hold” rating on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of William Hill in a research note to investors on Tuesday, December 10th. They now have a GBX 440 ($7.22) price target on the stock. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eighteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target 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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