William Hill (WMH) Price Target Cut to GBX 250

William Hill (LON:WMH) had its target price lowered by Canaccord Genuity from GBX 260 ($3.40) to GBX 250 ($3.27) in a research report report published on Wednesday morning. Canaccord Genuity currently has a buy rating on the gambling company’s stock.

A number of other equities analysts have also commented on WMH. Credit Suisse Group restated an outperform rating on shares of William Hill in a research report on Thursday, August 23rd. Barclays cut their price objective on shares of William Hill from GBX 320 ($4.18) to GBX 300 ($3.92) and set an overweight rating for the company in a research report on Tuesday, October 16th. Berenberg Bank cut their price objective on shares of William Hill from GBX 310 ($4.05) to GBX 280 ($3.66) and set a hold rating for the company in a research report on Friday, October 12th. Peel Hunt restated an add rating on shares of William Hill in a research report on Wednesday, October 3rd. Finally, Shore Capital restated a hold rating on shares of William Hill in a research report on Tuesday, September 25th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. William Hill has an average rating of Buy and a consensus price target of GBX 297.73 ($3.89).

LON:WMH traded down GBX 4.10 ($0.05) on Wednesday, reaching GBX 193.60 ($2.53). 5,573,661 shares of the company’s stock were exchanged, compared to its average volume of 5,380,000. William Hill has a 52 week low of GBX 239.10 ($3.12) and a 52 week high of GBX 345 ($4.51).

In related news, insider Ruth Prior bought 38,998 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was acquired at an average cost of GBX 258 ($3.37) per share, for a total transaction of £100,614.84 ($131,471.11).

About William Hill

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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Analyst Recommendations for William Hill (LON:WMH)

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