William Hill (LON:WMH) PT Lowered to GBX 240
William Hill (LON:WMH) had its price objective decreased by Berenberg Bank from GBX 250 ($3.29) to GBX 240 ($3.16) in a research report sent to investors on Friday, Stock Target Advisor reports. Berenberg Bank currently has a buy rating on the gambling company’s stock.
Other equities research analysts also recently issued reports about the stock. Deutsche Bank downgraded shares of William Hill to a hold rating and cut their target price for the company from GBX 210 ($2.76) to GBX 205 ($2.70) in a research note on Friday, January 10th. Barclays reiterated an overweight rating and issued a GBX 215 ($2.83) target price on shares of William Hill in a research note on Tuesday, January 14th. Citigroup reiterated a buy rating and issued a GBX 290 ($3.81) target price on shares of William Hill in a research note on Wednesday, January 15th. JPMorgan Chase & Co. reiterated a neutral rating on shares of William Hill in a research note on Friday. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 258 ($3.39) target price on shares of William Hill in a research note on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of GBX 220.62 ($2.90).
Shares of LON:WMH opened at GBX 179.40 ($2.36) on Friday. William Hill has a 52-week low of GBX 128.45 ($1.69) and a 52-week high of GBX 206.80 ($2.72). The company has a market capitalization of $1.61 billion and a P/E ratio of 64.07. The company has a 50-day simple moving average of GBX 181.47 and a 200 day simple moving average of GBX 176.72. The company has a debt-to-equity ratio of 332.51, a quick ratio of 0.66 and a current ratio of 0.67.
William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. It operates through Retail, Online, US Existing, US Expansion, and Other segments. The company operates licensed betting offices that offer sports betting services on football, horseracing, and other sports, as well as gaming on machines.
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