888 Holdings Public (LON:888) Given New GBX 200 Price Target at Deutsche Bank
888 Holdings Public (LON:888) had its price target upped by equities researchers at Deutsche Bank from GBX 188 ($2.31) to GBX 200 ($2.46) in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price target would suggest a potential upside of 19.76% from the stock’s current price.
Several other equities research analysts also recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of 888 Holdings Public from GBX 220 ($2.71) to GBX 180 ($2.22) and set an “overweight” rating on the stock in a research note on Monday, April 6th. Peel Hunt restated a “buy” rating on shares of 888 Holdings Public in a report on Friday, June 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 214.50 ($2.64).
Shares of 888 opened at GBX 167 ($2.06) on Monday. 888 Holdings Public has a twelve month low of GBX 68.40 ($0.84) and a twelve month high of GBX 183.30 ($2.26). The company has a market cap of $615.79 million and a P/E ratio of 14.78. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 31.88. The company’s fifty day simple moving average is GBX 149.05 and its 200-day simple moving average is GBX 138.22.
888 Holdings plc, together with its subsidiaries, provides online gaming entertainment products and solutions. It operates through Business to Customer and Business to Business segments. The company owns proprietary software solutions that provide a range of virtual online gaming services over the Internet, including casino and games, poker, bingo, sport, and Mytopia social games to the end users and business partners.
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