William Hill plc (WMH) Receives Consensus Recommendation of “Hold” from Brokerages
William Hill plc (LON:WMH) has earned an average rating of “Hold” from the seventeen ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 291.64 ($3.77).
A number of analysts recently weighed in on the company. Canaccord Genuity restated a “hold” rating and issued a GBX 290 ($3.75) target price on shares of William Hill plc in a research report on Thursday, August 3rd. Investec downgraded William Hill plc to a “sell” rating and dropped their target price for the stock from GBX 279 ($3.60) to GBX 245 ($3.16) in a research report on Tuesday, June 27th. Peel Hunt restated a “hold” rating and issued a GBX 285 ($3.68) target price on shares of William Hill plc in a research report on Wednesday, May 24th. Numis Securities Ltd restated a “hold” rating and issued a GBX 289 ($3.73) target price on shares of William Hill plc in a research report on Friday, August 4th. Finally, Deutsche Bank AG restated a “buy” rating and issued a GBX 390 ($5.04) target price on shares of William Hill plc in a research report on Thursday, June 29th.
In other William Hill plc news, insider John O’Reilly bought 92,000 shares of William Hill plc stock in a transaction dated Wednesday, August 2nd. The shares were purchased at an average cost of GBX 275 ($3.55) per share, with a total value of £253,000 ($326,746.74).
William Hill plc (LON:WMH) traded down 1.32% on Friday, hitting GBX 247.60. The stock had a trading volume of 9,993,629 shares. William Hill plc has a 1-year low of GBX 239.10 and a 1-year high of GBX 315.80. The stock’s market capitalization is GBX 2.12 billion. The company has a 50-day moving average price of GBX 248.88 and a 200-day moving average price of GBX 270.48.
The firm also recently announced a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be paid a dividend of GBX 4.26 ($0.06) per share. The ex-dividend date is Thursday, October 26th. This represents a dividend yield of 1.68%.
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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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