William Hill plc (WMH) Earns Hold Rating from Peel Hunt
William Hill plc (LON:WMH)‘s stock had its “hold” rating restated by equities researchers at Peel Hunt in a research note issued to investors on Wednesday. They presently have a GBX 285 ($3.71) price objective on the gambling company’s stock. Peel Hunt’s price objective points to a potential downside of 0.38% from the stock’s previous close.
A number of other research analysts also recently weighed in on WMH. Canaccord Genuity cut their price target on shares of William Hill plc from GBX 300 ($3.90) to GBX 290 ($3.77) and set a “hold” rating on the stock in a report on Monday, February 27th. Numis Securities Ltd restated a “hold” rating and set a GBX 300 ($3.90) price target on shares of William Hill plc in a report on Friday, February 24th. Goldman Sachs Group Inc restated a “sell” rating and set a GBX 300 ($3.90) price target on shares of William Hill plc in a report on Tuesday, January 31st. HSBC Holdings plc downgraded shares of William Hill plc to a “reduce” rating and cut their price target for the company from GBX 265 ($3.45) to GBX 255 ($3.32) in a report on Wednesday, February 15th. Finally, Liberum Capital restated a “hold” rating and set a GBX 273 ($3.55) price target on shares of William Hill plc in a report on Friday, February 24th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 308.69 ($4.02).
Shares of William Hill plc (LON:WMH) traded up 0.21% during mid-day trading on Wednesday, reaching GBX 286.10. 3,283,093 shares of the company were exchanged. The company’s market capitalization is GBX 2.45 billion. William Hill plc has a 12 month low of GBX 235.50 and a 12 month high of GBX 353.60. The firm’s 50-day moving average is GBX 294.80 and its 200-day moving average is GBX 285.60.
In related news, insider Ruth Prior purchased 33,612 shares of the firm’s stock in a transaction on Tuesday, April 11th. The shares were bought at an average cost of GBX 295 ($3.84) per share, for a total transaction of £99,155.40 ($128,991.02). Also, insider Philip Bowcock purchased 5,597 shares of the firm’s stock in a transaction on Friday, March 10th. The stock was bought at an average price of GBX 271 ($3.53) per share, for a total transaction of £15,167.87 ($19,731.85). Insiders acquired a total of 50,709 shares of company stock worth $14,893,827 over the last 90 days.
About William Hill plc
William Hill PLC is a gambling company. The Company’s segments include Retail, Online, US, Australia and Other. The Retail segment consists of all activities undertaken in licensed betting offices (LBOs), including gaming machines. The Online segment consists of all online and telephone activity outside of Australia, including sports betting, casino, poker sites and other gaming products along with telephone betting services.
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