William Hill plc (LON:WMH) had its price target reduced by investment analysts at Canaccord Genuity from GBX 290 ($3.85) to GBX 285 ($3.79) in a research report issued on Friday. The brokerage currently has a “hold” rating on the gambling company’s stock. Canaccord Genuity’s target price suggests a potential upside of 14.23% from the stock’s current price.

A number of other brokerages also recently commented on WMH. Berenberg Bank upgraded shares of William Hill plc to a “hold” rating and upped their price objective for the stock from GBX 250 ($3.32) to GBX 260 ($3.45) in a research report on Wednesday, October 4th. Peel Hunt cut their price objective on shares of William Hill plc from GBX 285 ($3.79) to GBX 254 ($3.37) and set a “hold” rating for the company in a research report on Wednesday, July 12th. Investec restated a “hold” rating on shares of William Hill plc in a research report on Thursday, August 24th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 277 ($3.68) price target on shares of William Hill plc in a research note on Tuesday, June 27th. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a GBX 330 ($4.38) price target on shares of William Hill plc in a research note on Wednesday, June 28th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. William Hill plc has an average rating of “Hold” and a consensus price target of GBX 289.20 ($3.84).

William Hill plc (LON WMH) traded down 0.91% during mid-day trading on Friday, reaching GBX 249.50. 2,593,667 shares of the company traded hands. The firm’s market capitalization is GBX 2.14 billion. William Hill plc has a 52 week low of GBX 239.10 and a 52 week high of GBX 312.80. The stock’s 50 day moving average price is GBX 249.72 and its 200 day moving average price is GBX 266.48.

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In other William Hill plc news, insider John O’Reilly acquired 92,000 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The shares were purchased at an average cost of GBX 275 ($3.65) per share, with a total value of £253,000 ($336,167.95).

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)

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