Nomura Reiterates Buy Rating for William Hill (WMH)
William Hill (LON:WMH)‘s stock had its “buy” rating reaffirmed by equities research analysts at Nomura in a research note issued to investors on Wednesday, Stock Ratings Network reports. They currently have a GBX 505 ($8.32) price target on the stock. Nomura’s price target points to a potential upside of 35.53% from the company’s current price.
William Hill (LON:WMH) traded up 0.16% on Wednesday, hitting GBX 372.60. 4,228,454 shares of the company’s stock traded hands. William Hill has a 52-week low of GBX 345.37 and a 52-week high of GBX 494.60. The stock has a 50-day moving average of GBX 385.5 and a 200-day moving average of GBX 413.5. The company’s market cap is £3.118 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of William Hill in a research note to investors on Friday, January 10th. They now have a GBX 465 ($7.66) price target on the stock. Separately, analysts at Barclays downgraded shares of William Hill to an “equal weight” rating in a research note to investors on Thursday, January 9th. They now have a GBX 420 ($6.92) price target on the stock, down previously from GBX 440 ($7.25). Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of William Hill in a research note to investors on Wednesday, January 8th. They now have a GBX 550 ($9.06) price target on the stock. Two research analysts have rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the company’s stock. William Hill presently has an average rating of “Buy” and a consensus price target of GBX 461.83 ($7.61).
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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