William Hill (LON:WMH) Downgraded by Deutsche Bank to Hold

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Deutsche Bank lowered shares of William Hill (LON:WMH) to a hold rating in a report issued on Friday morning, Stock Target Advisor reports. The firm currently has GBX 205 ($2.70) target price on the gambling company’s stock, down from their prior target price of GBX 210 ($2.76).

Several other brokerages also recently weighed in on WMH. Peel Hunt reiterated a buy rating on shares of William Hill in a report on Thursday, November 21st. Barclays reiterated an overweight rating on shares of William Hill in a report on Thursday, November 28th. Morgan Stanley downgraded William Hill to an equal weight rating in a report on Thursday, November 28th. Shore Capital reissued a buy rating on shares of William Hill in a research note on Thursday, November 21st. Finally, Citigroup reissued a buy rating on shares of William Hill in a research note on Tuesday, September 17th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 224.50 ($2.95).

Shares of LON WMH traded down GBX 2.30 ($0.03) during midday trading on Friday, hitting GBX 184.35 ($2.43). The company’s stock had a trading volume of 2,821,696 shares, compared to its average volume of 5,380,000. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 332.51. The business’s 50 day moving average is GBX 181.14 and its two-hundred day moving average is GBX 174.82. William Hill has a 12-month low of GBX 128.45 ($1.69) and a 12-month high of GBX 206.80 ($2.72). The firm has a market cap of $1.66 billion and a P/E ratio of 65.84.

About William Hill

William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. It operates through Retail, Online, US Existing, US Expansion, and Other segments. The company operates licensed betting offices that offer sports betting services on football, horseracing, and other sports, as well as gaming on machines.

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Analyst Recommendations for William Hill (LON:WMH)

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