Today Deutsche Bank Reiterates a Buy Rating on William Hill PLC (LON:WMH) and a GBX 420.00 Target Price

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William Hill PLC (LON:WMH) Rating Reaffirmed

Investment analysts at Deutsche Bank now has a GBX 420.00 PT on William Hill PLC (LON:WMH). Deutsche Bank and their recent PT provides a potential upside of 13.45% from the company’s last close price. The rating has been revealed in a recent research report on 16 December.

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 7.33% above today’s (GBX 370.2) stock price. William Hill PLC was the topic of 49 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Investec downgraded shares on December 16 to “Sell” rating. Nomura maintained shares with “Buy” rating and GBX 414 target share price in a report from a November 9. Barclays Capital maintained WMH stock in a recent report from December 10 with “Overweight” rating. HSBC maintained the rating on October 26. HSBC has a “Reduce” rating and a GBX 305 price target on shares. Finally, AlphaValue maintained the stock with “Reduce” rating in a report issued on a December 3.

Approximately 724,168 shares of stock traded hands. William Hill plc (LON:WMH) has declined 7.71% since May 19, 2015 and is downtrending. It has underperformed by 5.09% the S&P500.

Today Deutsche Bank Reiterates a Buy Rating on William Hill PLC (LON:WMH) and a GBX 420.00 Target Price

William Hill PLC is a gambling company. The company has a market cap of 3.23 billion GBP. The Firm provides betting and gaming services across multiple channels and countries. It has 18.49 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.

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