William Hill (LON:WMH) had its price target dropped by analysts at Morgan Stanley from GBX 355 ($4.60) to GBX 340 ($4.40) in a research report issued on Monday. The firm presently has an “equal weight” rating on the gambling company’s stock. Morgan Stanley’s price objective indicates a potential upside of 28.45% from the company’s current price.
Several other research firms also recently commented on WMH. Peel Hunt restated a “reduce” rating and issued a GBX 305 ($3.95) price target on shares of William Hill in a research note on Monday, April 23rd. Citigroup restated a “buy” rating on shares of William Hill in a research note on Friday, May 18th. Berenberg Bank boosted their price target on shares of William Hill from GBX 290 ($3.75) to GBX 310 ($4.01) and gave the stock a “hold” rating in a research note on Tuesday, June 5th. Shore Capital restated a “hold” rating on shares of William Hill in a research note on Monday, June 25th. Finally, Credit Suisse Group restated an “outperform” rating on shares of William Hill in a research note on Friday, May 4th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 328.13 ($4.25).
William Hill opened at GBX 264.70 ($3.43) on Monday, MarketBeat reports. William Hill has a 52 week low of GBX 239.10 ($3.10) and a 52 week high of GBX 345 ($4.47).
William Hill Company Profile
William Hill PLC provides sports betting and gaming services in the United Kingdom, Australia, the United States, Italy, Spain, and internationally. It operates through Retail, Online, US, Australia, and Other segments. The company operates licensed betting offices that offer various betting and gaming services, including horseracing, greyhound racing, football betting, virtual racing, numbers betting, and other services.
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