William Hill’s (WMH) “Buy” Rating Reiterated at Peel Hunt
Peel Hunt reaffirmed their buy rating on shares of William Hill (LON:WMH) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports. They currently have a GBX 260 ($3.42) price objective on the gambling company’s stock, up from their prior price objective of GBX 250 ($3.29).
A number of other research analysts have also recently commented on WMH. HSBC raised shares of William Hill to a buy rating and boosted their target price for the stock from GBX 185 ($2.43) to GBX 230 ($3.03) in a research report on Wednesday, January 29th. Canaccord Genuity reissued a buy rating and set a GBX 258 ($3.39) target price on shares of William Hill in a research report on Tuesday, January 14th. Stifel Nicolaus cut shares of William Hill to a hold rating in a research report on Tuesday, December 3rd. Barclays reissued an overweight rating and set a GBX 215 ($2.83) target price on shares of William Hill in a research report on Tuesday, January 14th. Finally, Royal Bank of Canada reissued a sector perform rating and set a GBX 220 ($2.89) target price on shares of William Hill in a research report on Monday, January 13th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of GBX 237.54 ($3.12).
LON WMH opened at GBX 180.80 ($2.38) on Tuesday. The company’s fifty day simple moving average is GBX 181.21 and its 200-day simple moving average is GBX 178.64. 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 current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 332.51. The stock has a market cap of $1.58 billion and a P/E ratio of 64.57.
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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