Zacks Investment Research Downgrades William Hil Adr (WIMHY) to Hold
William Hil Adr (OTCMKTS:WIMHY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.
According to Zacks, “William Hill PLC provides sports betting and gaming services. It offers licensed betting offices, telephone based-betting operations and online betting, offers odds and takes bets on an assortment of sporting and other events. The company operates primarily in the United Kingdom, Australia, the United States, Italy and Spain. William Hill PLC is headquartered in London, the United Kingdom. “
A number of other research firms have also commented on WIMHY. J P Morgan Chase & Co assumed coverage on William Hil Adr in a research note on Wednesday, June 21st. They issued a “neutral” rating on the stock. Berenberg Bank raised William Hil Adr from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, ValuEngine raised William Hil Adr from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $15.00.
Shares of William Hil Adr (OTCMKTS:WIMHY) traded down 1.52% during mid-day trading on Thursday, reaching $13.28. The company’s stock had a trading volume of 1,396 shares. The firm has a market cap of $2.84 billion, a PE ratio of 13.44 and a beta of 0.16. The company has a 50-day moving average of $12.96 and a 200-day moving average of $13.84. William Hil Adr has a 12 month low of $12.28 and a 12 month high of $15.75.
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About William Hil Adr
William Hill PLC provides sports betting and gaming services in the United Kingdom, Australia, the United States, Italy, Spain, and internationally. It operates through Retail, Online, US, Australia, and Other segments. The company operates licensed betting offices that offer various betting and gaming services, including horseracing, greyhound racing, football betting, virtual racing, numbers betting, and other services.
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