William Hill plc’s (WMH) Equal weight Rating Reiterated at Morgan Stanley
Morgan Stanley reissued their equal weight rating on shares of William Hill plc (LON:WMH) in a research report released on Monday morning. The brokerage currently has a GBX 295 ($3.91) price objective on the gambling company’s stock.
A number of other equities analysts also recently commented on WMH. Barclays PLC reaffirmed an equal weight rating and set a GBX 325 ($4.31) price objective on shares of William Hill plc in a report on Friday, June 9th. J P Morgan Chase & Co started coverage on shares of William Hill plc in a report on Wednesday, June 21st. They set a neutral rating and a GBX 260 ($3.45) price objective for the company. Numis Securities Ltd reaffirmed a hold rating and set a GBX 277 ($3.67) price objective on shares of William Hill plc in a report on Tuesday, June 27th. Investec downgraded shares of William Hill plc to a sell rating and reduced their price objective for the stock from GBX 279 ($3.70) to GBX 245 ($3.25) in a report on Tuesday, June 27th. Finally, Citigroup Inc. reaffirmed a buy rating and set a GBX 330 ($4.38) price objective on shares of William Hill plc in a report on Wednesday, June 28th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 289.53 ($3.84).
Shares of William Hill plc (LON:WMH) opened at 254.50 on Monday. William Hill plc has a 12 month low of GBX 239.10 and a 12 month high of GBX 315.80. The company’s 50 day moving average is GBX 246.90 and its 200-day moving average is GBX 268.91. The company’s market cap is GBX 2.18 billion.
The business also recently disclosed a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, October 26th will be given a GBX 4.26 ($0.06) dividend. This represents a yield of 1.68%. The ex-dividend date of this dividend is Thursday, October 26th.
In related news, insider John O’Reilly acquired 92,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was purchased at an average price of GBX 275 ($3.65) per share, for a total transaction of £253,000 ($335,588.27).
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.
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