William Hill (WMH) Hits New 12-Month High After Analyst Upgrade

William Hill plc (LON:WMH)’s share price hit a new 52-week high during mid-day trading on Thursday after Barclays raised their price target on the stock from GBX 315 to GBX 330. Barclays currently has an equal weight rating on the stock. William Hill traded as high as GBX 345 ($4.68) and last traded at GBX 335.10 ($4.54), with a volume of 8973093 shares. The stock had previously closed at GBX 335.10 ($4.54).

WMH has been the subject of a number of other reports. Deutsche Bank reissued a “buy” rating and set a GBX 390 ($5.29) price target on shares of William Hill in a research note on Friday, November 10th. Canaccord Genuity raised shares of William Hill to a “buy” rating and boosted their price target for the stock from GBX 285 ($3.86) to GBX 350 ($4.75) in a research note on Friday, January 5th. Morgan Stanley boosted their price target on shares of William Hill from GBX 295 ($4.00) to GBX 305 ($4.14) and gave the stock an “equal weight” rating in a research note on Tuesday, November 28th. Bank of America raised shares of William Hill to a “buy” rating and boosted their price target for the stock from GBX 224 ($3.04) to GBX 330 ($4.48) in a research note on Tuesday, November 7th. Finally, Credit Suisse Group reissued a “neutral” rating and set a GBX 240 ($3.25) price target on shares of William Hill in a research note on Thursday, November 23rd. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 293.56 ($3.98).

The firm has a market cap of $2,880.00 and a PE ratio of 1,763.68.

ILLEGAL ACTIVITY NOTICE: This story was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The legal version of this story can be viewed at https://stocknewstimes.com/2018/01/11/william-hill-wmh-hits-new-12-month-high-after-analyst-upgrade.html.

William Hill 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.

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.

Latest News

Leave a Reply