William Hill (WMH) Price Target Raised to GBX 304

William Hill (LON:WMH) had its price target upped by Barclays from GBX 300 ($3.92) to GBX 304 ($3.97) in a research note issued to investors on Friday. Barclays currently has an overweight rating on the gambling company’s stock.

WMH has been the subject of a number of other research reports. Morgan Stanley reiterated an equal weight rating and set a GBX 340 ($4.44) price objective on shares of William Hill in a research note on Wednesday, September 5th. Credit Suisse Group reiterated an outperform rating on shares of William Hill in a research note on Tuesday, October 9th. Berenberg Bank lowered their price objective on William Hill from GBX 310 ($4.05) to GBX 280 ($3.66) and set a hold rating for the company in a research note on Friday, October 12th. HSBC lowered their price objective on William Hill from GBX 325 ($4.25) to GBX 290 ($3.79) and set a hold rating for the company in a research note on Friday, September 7th. Finally, Shore Capital reiterated a hold rating on shares of William Hill in a research note on Wednesday, September 5th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of GBX 307.56 ($4.02).

WMH opened at GBX 219.40 ($2.87) on Friday. William Hill has a 52 week low of GBX 239.10 ($3.12) and a 52 week high of GBX 345 ($4.51).

William Hill (LON:WMH) last released its earnings results on Friday, August 3rd. The gambling company reported GBX 9.10 ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 13.50 ($0.18) by GBX (4.40) (($0.06)).

In other William Hill news, insider Ruth Prior purchased 38,998 shares of the firm’s stock in a transaction dated Wednesday, September 5th. The stock was purchased at an average price of GBX 258 ($3.37) per share, for a total transaction of £100,614.84 ($131,471.11).

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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