Should Investors Be Buying 888 Holdings PLC (LON:888) Shares? Peel Hunt Has Just Upgraded The Stock

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888 Holdings PLC (LON:888) Stock Upgrade

Peel Hunt has boosted shares of 888 Holdings PLC (LON:888) to a respectable Add rating in a recent research report shared with investors today, and has established an estimated 12-month price target of GBX 187.00, which is 6.10% from 888’s share price currently.

From a total of 6 analysts covering 888 Holdings PLC (LON:888) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 3.14 while the lowest target price is GBX 2.24. The mean of all analyst targets is GBX 2.79 with a 8.89% above today’s (GBX 177.25) stock price. 888 Holdings PLC was the topic of 13 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Canaccord Genuity maintained shares on October 16 with “Buy” rating.

Approximately 187,644 shares of stock traded hands or 61.27% up from the average. 888 Holdings Public Limited Company (LON:888) has risen 5.35% since May 8, 2015 and is uptrending. It has outperformed by 6.43% the S&P500.

 Should Investors Be Buying 888 Holdings PLC (LON:888) Shares? Peel Hunt Has Just Upgraded The Stock

888 Holdings PLC is an online gaming entertainment and solutions company. The company has a market cap of 632.57 million GBP. The Firm is the owner of software solutions providing a range of virtual online gaming services over the Internet, including casino and games, poker, bingo and emerging offerings, brand licensing revenue on third-party platforms and Mytopia social games. It has 22.72 P/E ratio. The Firm also provides payment services, customer support and online advertising.

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