William Hill (WMH) Stock Price Down 1.4%

William Hill plc (LON:WMH)’s share price was down 1.4% during mid-day trading on Tuesday . The company traded as low as GBX 305 ($4.10) and last traded at GBX 309.40 ($4.16). Approximately 5,412,835 shares changed hands during trading, an increase of 28% from the average daily volume of 4,220,000 shares. The stock had previously closed at GBX 313.90 ($4.22).

A number of equities analysts recently issued reports on WMH shares. Deutsche Bank restated a “buy” rating and set a GBX 390 ($5.25) price objective on shares of William Hill in a report on Friday, November 10th. Morgan Stanley lifted their target price on William Hill from GBX 295 ($3.97) to GBX 305 ($4.10) and gave the company an “equal weight” rating in a research report on Tuesday, November 28th. Bank of America raised William Hill to a “buy” rating and lifted their target price for the company from GBX 224 ($3.01) to GBX 330 ($4.44) in a research report on Tuesday, November 7th. Investec reaffirmed a “hold” rating on shares of William Hill in a research report on Thursday, August 24th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 240 ($3.23) target price on shares of William Hill in a research report on Thursday, November 23rd. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 292.53 ($3.94).

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About William Hill

William Hill PLC is a gambling company. The Company’s segments include Retail, Online, US, Australia and Other. The Retail segment consists of all activities undertaken in licensed betting offices (LBOs), including gaming machines. The Online segment consists of all online and telephone activity outside of Australia, including sports betting, casino, poker sites and other gaming products along with telephone betting services.

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