HSBC Trims William Hill (LON:WMH) Target Price to GBX 150
William Hill (LON:WMH) had its price objective reduced by HSBC from GBX 225 ($2.96) to GBX 150 ($1.97) in a research note published on Monday morning, Stock Target Advisor reports. They currently have a buy rating on the gambling company’s stock.
A number of other equities research analysts have also recently weighed in on WMH. JPMorgan Chase & Co. reissued a neutral rating on shares of William Hill in a research report on Friday, January 17th. UBS Group reissued a neutral rating on shares of William Hill in a research report on Friday, February 21st. Citigroup reissued a buy rating and issued a GBX 290 ($3.81) price target on shares of William Hill in a research report on Wednesday, January 15th. Stifel Nicolaus cut shares of William Hill to a hold rating in a research report on Tuesday, December 3rd. Finally, Barclays reduced their price target on shares of William Hill from GBX 215 ($2.83) to GBX 210 ($2.76) and set an overweight rating for the company in a research report on Thursday, February 27th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of Buy and an average target price of GBX 224.46 ($2.95).
William Hill stock opened at GBX 70.09 ($0.92) on Monday. The stock has a market cap of $593.63 million and a P/E ratio of 25.03. The company has a fifty day simple moving average of GBX 138.41 and a 200-day simple moving average of GBX 172.87. William Hill has a 12-month low of GBX 120.51 ($1.59) and a 12-month 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.
In related news, insider Gordon Wilson purchased 25,000 shares of William Hill stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average cost of GBX 39 ($0.51) per share, with a total value of £9,750 ($12,825.57).
William Hill Company Profile
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.
Featured Article: How to Invest in Marijuana Stocks
Receive News & Ratings for William Hill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for William Hill and related companies with MarketBeat.com's FREE daily email newsletter.