William Hill (WMH) Upgraded by Canaccord Genuity to “Buy”

William Hill (LON:WMH) was upgraded by equities research analysts at Canaccord Genuity to a “buy” rating in a report released on Friday. The firm presently has a GBX 350 ($4.68) price objective on the gambling company’s stock, up from their previous price objective of GBX 285 ($3.81). Canaccord Genuity’s price target would suggest a potential upside of 6.29% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Deutsche Bank restated a “buy” rating and set a GBX 390 ($5.21) target price on shares of William Hill in a research report on Friday, November 10th. Bank of America upgraded William Hill to a “buy” rating and boosted their target price for the stock from GBX 224 ($3.00) to GBX 330 ($4.41) in a research report on Tuesday, November 7th. Investec restated a “buy” rating and set a GBX 300 ($4.01) target price on shares of William Hill in a research report on Monday, November 20th. Morgan Stanley restated an “equal weight” rating and set a GBX 295 ($3.94) target price on shares of William Hill in a research report on Monday, October 2nd. Finally, Numis Securities restated a “hold” rating and set a GBX 289 ($3.86) target price on shares of William Hill in a research report on Monday, November 20th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. William Hill has a consensus rating of “Hold” and an average target price of GBX 296.35 ($3.96).

William Hill (LON WMH) traded up GBX 8.90 ($0.12) during trading on Friday, reaching GBX 329.30 ($4.40). The company had a trading volume of 4,810,825 shares, compared to its average volume of 3,660,000. William Hill has a twelve month low of GBX 239.10 ($3.20) and a twelve month high of GBX 324.80 ($4.34). The stock has a market capitalization of $2,750.00 and a PE ratio of 1,733.16.

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William Hill 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 (LON:WMH)

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