William Hill PLC (LON:WMH) Rating Reaffirmed
The firm has just set a price target of GBX 420.00 on William Hill PLC (LON:WMH) shares. This is 14.53% from the price per share. In an analyst research report revealed to clients and investors on 9 December, Credit Suisse has decided to restate their Neutral rating on shares of WMH.
From a total of 19 analysts covering William Hill PLC (LON:WMH) stock, 11 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 55% of the ratings are positive. The highest target price is GBX 500 while the lowest target price is GBX 305. The mean of all analyst targets is GBX 403.42 with a 8.53% above today’s (GBX 366.73) stock price. William Hill PLC was the topic of 46 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on December 9 with “Neutral” rating. HSBC maintained shares with “Reduce” rating and GBX 305 target share price in a report from an October 26. Nomura maintained WMH stock in a recent report from November 9 with “Buy” rating. Panmure Gordon maintained the rating on October 26. Panmure Gordon has a “Hold” rating and a GBX 339 price target on shares. Finally, Barclays Capital upgraded the stock to “Overweight” rating in a report issued on a November 3.
The stock increased 0.06% or GBX 0.23 on December 8, striking GBX 366.73. Approximately shares of stock traded hands. William Hill plc (LON:WMH) has declined 4.01% since May 12, 2015 and is downtrending. It has underperformed by 3.21% the S&P500.
William Hill PLC is a gambling company. The company has a market cap of 3.24 billion GBP. The Firm provides betting and gaming services across multiple channels and countries. It has 18.31 P/E ratio. It operates through five divisions: Retail, which includes all activity undertaken in licensed betting office , 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 in the United States of America; Australia segment, , which includes online and telephone sports betting under the Centrebet, Sportingbet and tomwaterhouse.com brands in Australia, and Others activities include on-course betting and greyhound stadia operations.