Investec Reaffirms Reduce Rating for William Hill plc (WMH)
William Hill plc (LON:WMH)‘s stock had its “reduce” rating reaffirmed by stock analysts at Investec in a research report issued on Monday. They presently have a GBX 286 ($3.54) price objective on the gambling company’s stock. Investec’s price objective indicates a potential downside of 8.40% from the stock’s current price.
Several other analysts have also recently weighed in on the stock. Liberum Capital upped their price objective on shares of William Hill plc from GBX 319 ($3.95) to GBX 323 ($4.00) and gave the stock a “hold” rating in a research note on Sunday. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 310 ($3.84) price objective on shares of William Hill plc in a research note on Tuesday, October 11th. Barclays PLC reaffirmed an “overweight” rating on shares of William Hill plc in a research note on Tuesday, October 11th. Peel Hunt reaffirmed an “under review” rating on shares of William Hill plc in a research note on Monday, October 10th. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of William Hill plc in a research note on Wednesday, October 5th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. William Hill plc presently has a consensus rating of “Hold” and a consensus target price of GBX 352.21 ($4.36).
William Hill plc (LON:WMH) opened at 307.40 on Monday. William Hill plc has a 52-week low of GBX 235.50 and a 52-week high of GBX 415.70. The firm’s market cap is GBX 2.70 billion. The firm has a 50-day moving average of GBX 308.35 and a 200 day moving average of GBX 306.36.
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The firm also recently announced a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, October 20th will be given a GBX 4.10 ($0.05) dividend. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, October 20th.
William Hill plc Company Profile
William Hill PLC is a United Kingdom-based gambling company. The Company provides land-based and mobile sports betting services. The Company’s segments include Retail, Online, Telephone, US, Australia and Other. The Retail segment consists of all activity undertaken in licensed betting offices (LBOs), including gaming machines.
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