William Hill Rating Reiterated by Nomura (WMH)
Posted by Tammy Falkenburg on Jan 7th, 2014
William Hill logoWilliam Hill (LON:WMH)‘s stock had its “buy” rating restated by investment analysts at Nomura in a note issued to investors on Tuesday, American Banking & Market News reports. They currently have a GBX 505 ($8.28) target price on the stock. Nomura’s price objective would indicate a potential upside of 24.81% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of William Hill in a research note to investors on Wednesday, December 18th. They now have a GBX 530 ($8.69) price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of William Hill from GBX 425 ($6.97) to GBX 408 ($6.69) in a research note to investors on Tuesday, December 17th. They now have a “hold” rating on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of William Hill in a research note to investors on Tuesday, December 10th. They now have a GBX 440 ($7.22) price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nineteen have assigned a buy rating to the company. William Hill presently has a consensus rating of “Buy” and an average target price of GBX 469.21 ($7.70).
Shares of William Hill (LON:WMH) opened at 404.60 on Tuesday. William Hill has a 52 week low of GBX 313.874 and a 52 week high of GBX 494.60. The stock has a 50-day moving average of GBX 382.7 and a 200-day moving average of GBX 415.. The company’s market cap is £3.385 billion.
William Hill PLC is a gambling company. The Company’s business is to provide its customers with a range of sports betting and gaming opportunities.
It does make you wonder - the recent broker notes.
I'm not sure if any are the house broker.
Barclays Capital Equal weight 374.35 440.00 420.00 Downgrades
08 Jan 14 William Hill PLC Numis Buy 374.35 550.00 550.00 Reiterates
08 Jan 14 William Hill PLC JP Morgan Cazenove Underweight 374.35 360.00 360.00 Reiterates
07 Jan 14 William Hill PLC Nomura Buy 374.35 505.00 505.00 Reiterates
Could you do me a favour if i start a thread on Man utd can you post a chart in the header I'm clueless. Went short on Monday the spread with Caps was 27 which normally is a bit rich for me, still -10 but coming down nicely? Do CMC or IG cover them and if so how is their spread? Cheers if you can.