William Hill (WMH) Earns Overweight Rating from Barclays

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Barclays reiterated their overweight rating on shares of William Hill (LON:WMH) in a research note published on Thursday morning, Digital Look reports. They currently have a GBX 215 ($2.81) target price on the gambling company’s stock.

A number of other research analysts have also recently weighed in on the company. Morgan Stanley reaffirmed an overweight rating on shares of William Hill in a research report on Friday, February 8th. Shore Capital raised William Hill to a buy rating in a report on Monday, February 4th. Numis Securities reissued a hold rating and issued a GBX 190 ($2.48) price target on shares of William Hill in a report on Monday, January 21st. Berenberg Bank raised William Hill to a buy rating and lowered their price target for the stock from GBX 280 ($3.66) to GBX 250 ($3.27) in a report on Thursday, January 17th. Finally, Jefferies Financial Group assumed coverage on William Hill in a report on Monday, February 4th. They issued a buy rating and a GBX 230 ($3.01) price target on the stock. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of GBX 252.64 ($3.30).

Shares of WMH stock traded down GBX 0.10 ($0.00) during trading hours on Thursday, reaching GBX 137.20 ($1.79). 2,261,696 shares of the company traded hands, compared to its average volume of 5,380,000. William Hill has a 12-month low of GBX 130.70 ($1.71) and a 12-month high of GBX 335.90 ($4.39). The company has a quick ratio of 1.22, a current ratio of 1.34 and a debt-to-equity ratio of 240.78. The stock has a market cap of $1.20 billion and a P/E ratio of -1.65.

The company also recently disclosed a dividend, which will be paid on Thursday, June 6th. Stockholders of record on Thursday, April 25th will be issued a dividend of GBX 7.70 ($0.10) per share. This represents a dividend yield of 4.2%. This is a boost from William Hill’s previous dividend of $4.26. The ex-dividend date of this dividend is Thursday, April 25th. William Hill’s dividend payout ratio is -0.14%.

William Hill Company Profile

William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. It operates through Retail, Online, US Existing, US Expansion, and Other segments. The company operates licensed betting offices that offer sports betting services on football, horseracing, and other sports, as well as gaming on machines.

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Analyst Recommendations for William Hill (LON:WMH)

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