Deutsche Bank AG Reiterates “Buy” Rating for William Hill plc (WMH)

William Hill plc (LON:WMH)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank AG in a report issued on Wednesday. They currently have a GBX 390 ($5.15) target price on the gambling company’s stock. Deutsche Bank AG’s price target would suggest a potential upside of 50.29% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Numis Securities Ltd restated a “hold” rating and issued a GBX 289 ($3.81) price target on shares of William Hill plc in a research report on Friday, August 4th. Berenberg Bank upgraded shares of 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 research report on Wednesday, October 4th. Peel Hunt upgraded shares of 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 research report on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) cut their price objective on shares of William Hill plc from GBX 276 ($3.64) to GBX 265 ($3.50) and set a “sell” rating on the stock in a research report on Wednesday, July 5th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a GBX 295 ($3.89) price objective on shares of William Hill plc in a research report on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. William Hill plc currently 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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