888 Holdings Public Limited Company (888) Receives Consensus Recommendation of “Buy” from Analysts
Shares of 888 Holdings Public Limited Company (LON:888) have earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 309.17 ($4.16).
A number of research firms have weighed in on 888. Peel Hunt decreased their price target on 888 Holdings Public Limited from GBX 350 ($4.71) to GBX 320 ($4.30) and set a “buy” rating for the company in a research note on Wednesday, September 6th. Numis Securities Ltd downgraded 888 Holdings Public Limited to an “add” rating and set a GBX 300 ($4.03) price target for the company. in a research note on Tuesday, September 5th. Bryan, Garnier & Co restated a “buy” rating and issued a GBX 330 ($4.44) price target on shares of 888 Holdings Public Limited in a research note on Tuesday, September 5th. Finally, J P Morgan Chase & Co began coverage on 888 Holdings Public Limited in a research note on Wednesday, June 21st. They issued an “overweight” rating and a GBX 320 ($4.30) price target for the company.
In other news, insider Aviad Kobrine sold 500,000 shares of 888 Holdings Public Limited stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of GBX 256 ($3.44), for a total transaction of £1,280,000 ($1,721,355.57).
Shares of 888 Holdings Public Limited (LON 888) traded up 0.71% during midday trading on Friday, reaching GBX 256.80. The company’s stock had a trading volume of 554,199 shares. The firm’s market cap is GBX 922.17 million. The company has a 50-day moving average price of GBX 252.67 and a 200-day moving average price of GBX 262.24. 888 Holdings Public Limited has a 12 month low of GBX 192.00 and a 12 month high of GBX 301.75.
The firm also recently announced a dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Thursday, September 14th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a dividend yield of 1.19%.
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888 Holdings Public Limited Company Profile
888 Holdings Public Limited Company is a provider of online gaming entertainment and solutions. The Company is the owner of software solutions providing a range of virtual online gaming services over the Internet, including casino and games, poker, bingo, sport, emerging offerings and brand licensing revenue on third party platforms.
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