WMH, Broker Update..........17 Dec 2015 09:48
<img src="William Hill plc’s (WMH) Buy Rating Reiterated at Deutsche Bank
December 16th, 2015</b>
William Hill plc logoWilliam Hill plc (LON:WMH)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank in a research note issued on Wednesday, MarketBeat Ratings reports. They currently have a GBX 420 ($6.33) price target on the gambling company’s stock. Deutsche Bank’s target price indicates a potential upside of 12.12% from the company’s current price.
Shares of William Hill plc (LON:WMH) opened at 368.3000 on Wednesday. William Hill plc has a 1-year low of GBX 312.10 and a 1-year high of GBX 432.10. The stock’s 50 day moving average price is GBX 345.43 and its 200 day moving average price is GBX 369.55. The company’s market cap is GBX 3.24 billion.
Other analysts have also recently issued research reports about the stock. Barclays cut their price target on shares of William Hill plc from GBX 415 ($6.25) to GBX 385 ($5.80) and set an “overweight” rating on the stock in a research report on Tuesday, November 3rd. Credit Suisse reaffirmed an “outperform” rating and set a GBX 455 ($6.86) price target on shares of William Hill plc in a research report on Monday, November 2nd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 355 ($5.35) price target on shares of William Hill plc in a research report on Tuesday, November 3rd. Investec raised shares of William Hill plc from a “hold” rating to an “add” rating and set a GBX 333 ($5.02) price target on the stock in a research report on Wednesday, November 4th. Finally, AlphaValue reaffirmed an “add” rating and set a GBX 404 ($6.09) price target on shares of William Hill plc in a research report on Friday, August 21st. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. William Hill plc has a consensus rating of “Hold” and a consensus target price of GBX 400.28 ($6.03).
In related news, insider Davis,Gareth bought 31,600 shares of William Hill plc stock in a transaction dated Monday, November 2nd. The stock was purchased at an average cost of GBX 316 ($4.76) per share, with a total value of £99,856 ($150,476.19).
William Hill PLC is a gambling company. The Company provides betting and gaming services across multiple channels and countries. It operates through five segments: Retail, which includes all activity undertaken in licensed betting office (LON:WMH), including gaming machines; Online segment, comprises all activity undertaken online outside of Australia, including sports betting, casino, poker sites and other gaming products; Telephone segment, which comprises the Group’s telephone betting services outside of Australia; US segment, comprises all activity undertaken