Canaccord Genuity Reiterates “Hold” Rating for William Hill plc (WMH)

William Hill plc (LON:WMH)‘s stock had its “hold” rating restated by Canaccord Genuity in a note issued to investors on Tuesday. They currently have a GBX 285 ($3.76) target price on the gambling company’s stock. Canaccord Genuity’s target price would suggest a potential upside of 10.29% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 289 ($3.81) price objective on shares of William Hill plc in a report on Friday, August 4th. Berenberg Bank upgraded William Hill plc to a “hold” rating and boosted their price objective for the company from GBX 250 ($3.30) to GBX 260 ($3.43) in a report on Wednesday, October 4th. Peel Hunt upgraded William Hill plc to an “add” rating and boosted their price objective for the company from GBX 254 ($3.35) to GBX 290 ($3.83) in a report on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) cut their price objective on William Hill plc from GBX 276 ($3.64) to GBX 265 ($3.50) and set a “sell” rating on the stock in a report on Wednesday, July 5th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a GBX 295 ($3.89) price objective on shares of William Hill plc in a report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 289.20 ($3.82).

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William Hill plc Company Profile

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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