William Hill plc (WMH) Stock Rating Reaffirmed by Barclays PLC
William Hill plc (LON:WMH)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays PLC in a report released on Friday. They presently have a GBX 325 ($4.20) price objective on the gambling company’s stock. Barclays PLC’s target price indicates a potential upside of 16.95% from the stock’s current price.
A number of other equities research analysts have also weighed in on the company. Investec upgraded William Hill plc to a “hold” rating and raised their price objective for the company from GBX 243 ($3.14) to GBX 279 ($3.61) in a research note on Wednesday, March 22nd. Numis Securities Ltd restated a “hold” rating and set a GBX 300 ($3.88) price objective on shares of William Hill plc in a research note on Wednesday, May 10th. Shore Capital restated a “hold” rating on shares of William Hill plc in a research note on Tuesday, May 9th. Berenberg Bank restated a “sell” rating and set a GBX 250 ($3.23) price objective on shares of William Hill plc in a research note on Thursday, February 9th. Finally, Peel Hunt restated a “hold” rating and set a GBX 285 ($3.68) price objective on shares of William Hill plc in a research note on Wednesday, May 24th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 308.31 ($3.98).
William Hill plc (WMH) traded down 2.49% during midday trading on Friday, reaching GBX 277.90. The company had a trading volume of 4,027,210 shares. The firm’s market capitalization is GBX 2.38 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 price is GBX 291.19 and its 200 day moving average price is GBX 285.25.
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In related news, insider Ruth Prior purchased 33,612 shares of the business’s stock in a transaction that occurred on Tuesday, April 11th. The shares were acquired at an average price of GBX 295 ($3.81) per share, with a total value of £99,155.40 ($128,124.31). Also, insider Mark Brooker purchased 11,500 shares of the business’s stock in a transaction that occurred on Monday, April 3rd. The stock was bought at an average cost of GBX 301 ($3.89) per share, for a total transaction of £34,615 ($44,728.00).
William Hill plc Company Profile
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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