William Hill plc (LON:WMH) had its price objective reduced by stock analysts at Goldman Sachs Group, Inc. (The) from GBX 276 ($3.58) to GBX 265 ($3.43) in a note issued to investors on Wednesday, MarketBeat reports. The firm currently has a “sell” rating on the gambling company’s stock. Goldman Sachs Group, Inc. (The)’s price target would suggest a potential upside of 4.13% from the company’s current price.

A number of other analysts also recently weighed in on the company. Deutsche Bank AG restated a “buy” rating and issued a GBX 390 ($5.05) target price on shares of William Hill plc in a research report on Thursday, June 29th. Citigroup Inc. restated a “buy” rating and issued a GBX 330 ($4.27) target price on shares of William Hill plc in a research report on Wednesday, June 28th. Investec downgraded William Hill plc to a “sell” rating and dropped their target price for the stock from GBX 279 ($3.61) to GBX 245 ($3.17) in a research report on Tuesday, June 27th. Numis Securities Ltd restated a “hold” rating and issued a GBX 277 ($3.59) target price on shares of William Hill plc in a research report on Tuesday, June 27th. Finally, J P Morgan Chase & Co assumed coverage on William Hill plc in a research report on Wednesday, June 21st. They issued a “neutral” rating and a GBX 260 ($3.37) target price for the company. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 300.40 ($3.89).

William Hill plc (LON WMH) traded up 0.28% on Wednesday, hitting GBX 254.50. The stock had a trading volume of 2,064,915 shares. William Hill plc has a 1-year low of GBX 249.80 and a 1-year high of GBX 353.60. The stock’s market capitalization is GBX 2.18 billion. The company has a 50-day moving average price of GBX 279.69 and a 200-day moving average price of GBX 282.15.

COPYRIGHT VIOLATION NOTICE: “William Hill plc (WMH) PT Lowered to GBX 265 at Goldman Sachs Group, Inc. (The)” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/07/09/william-hill-plc-wmh-pt-lowered-to-gbx-265-at-goldman-sachs-group-inc-the.html.

In other William Hill plc news, insider Ruth Prior bought 33,612 shares of William Hill plc stock in a transaction dated Tuesday, April 11th. The shares were purchased at an average cost of GBX 295 ($3.82) per share, with a total value of £99,155.40 ($128,439.64).

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.

Analyst Recommendations for William Hill plc (LON:WMH)

Receive News & Ratings for William Hill plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for William Hill plc and related companies with MarketBeat.com's FREE daily email newsletter.