UBS Group Upgrades William Hill (WMH) to “Buy”
UBS Group upgraded shares of William Hill (LON:WMH) to a buy rating in a research note issued to investors on Thursday morning, investing.thisismoney.co.uk reports. UBS Group currently has GBX 285 ($3.72) target price on the gambling company’s stock, down from their prior target price of GBX 300 ($3.92).
Several other equities research analysts have also recently commented on the stock. Morgan Stanley raised shares of William Hill to an overweight rating and dropped their target price for the stock from GBX 290 ($3.79) to GBX 280 ($3.66) in a research report on Wednesday, November 7th. Credit Suisse Group reaffirmed an outperform rating on shares of William Hill in a research report on Tuesday, October 9th. Barclays dropped their target price on shares of William Hill from GBX 320 ($4.18) to GBX 300 ($3.92) and set an overweight rating for the company in a research report on Tuesday, October 16th. Berenberg Bank dropped their target price on shares of William Hill from GBX 310 ($4.05) to GBX 280 ($3.66) and set a hold rating for the company in a research report on Friday, October 12th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 315 ($4.12) target price on shares of William Hill in a research report on Monday, October 29th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. William Hill currently has a consensus rating of Buy and a consensus target price of GBX 296 ($3.87).
Shares of LON:WMH traded up GBX 1 ($0.01) on Thursday, hitting GBX 172 ($2.25). The company had a trading volume of 2,442,832 shares, compared to its average volume of 5,380,000. William Hill has a 1 year low of GBX 239.10 ($3.12) and a 1 year high of GBX 345 ($4.51).
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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