William Hill (WMH) Receives Hold Rating from Berenberg Bank

William Hill (LON:WMH)‘s stock had its “hold” rating reaffirmed by equities researchers at Berenberg Bank in a report released on Wednesday.

Several other research firms have also commented on WMH. Peel Hunt upgraded shares of William Hill to a “hold” rating and set a GBX 305 ($3.99) price objective for the company in a research note on Friday, July 27th. Shore Capital reiterated a “hold” rating on shares of William Hill in a research note on Friday, August 3rd. Goldman Sachs Group raised shares of William Hill to a “neutral” rating and boosted their target price for the stock from GBX 265 ($3.46) to GBX 286 ($3.74) in a research report on Tuesday, August 7th. Morgan Stanley dropped their target price on shares of William Hill from GBX 355 ($4.64) to GBX 340 ($4.44) and set an “equal weight” rating on the stock in a research report on Monday, August 13th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 315 ($4.12) target price on shares of William Hill in a research report on Wednesday, September 5th. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 303.81 ($3.97).

LON WMH opened at GBX 193.50 ($2.53) on Wednesday. William Hill has a 52 week low of GBX 239.10 ($3.12) and a 52 week high of GBX 345 ($4.51).

In related news, insider Ruth Prior bought 38,998 shares of the company’s stock in a transaction on Wednesday, September 5th. The shares were bought at an average price of GBX 258 ($3.37) per share, with a total value of £100,614.84 ($131,471.11).

About William Hill

William Hill PLC provides sports betting and gaming services in the United Kingdom, Australia, the United States, Italy, Spain, and internationally. It operates through Retail, Online, US, Australia, and Other segments. The company operates licensed betting offices that offer various betting and gaming services, including horseracing, greyhound racing, football betting, virtual racing, numbers betting, and other services.

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