William Hill Given New GBX 400 Price Target at Citigroup Inc. (WMH)
Equities research analysts at Citigroup Inc. decreased their price objective on shares of William Hill (LON:WMH) from GBX 480 ($7.88) to GBX 400 ($6.57) in a research note issued to investors on Friday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 18.73% from the company’s current price.
William Hill (LON:WMH) traded down 1.72% on Friday, hitting GBX 336.90. 3,767,250 shares of the company’s stock traded hands. William Hill has a 52 week low of GBX 334.744 and a 52 week high of GBX 494.60. The stock has a 50-day moving average of GBX 379.9 and a 200-day moving average of GBX 409.. The company’s market cap is £2.819 billion.
A number of other analysts have also recently weighed in on WMH. Analysts at Credit Suisse cut their price target on shares of William Hill from GBX 465 ($7.63) to GBX 445 ($7.30) in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at HSBC cut their price target on shares of William Hill from GBX 385 ($6.32) to GBX 350 ($5.75) in a research note to investors on Wednesday. They now have an “underweight” rating on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of William Hill from GBX 360 ($5.91) to GBX 340 ($5.58) in a research note to investors on Tuesday. They now have an “underweight” rating on the stock. Three research analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 448.88 ($7.37).
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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