Shares of 888 Holdings Public Limited (LON:888) have earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 213.75 ($2.79).
A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. upgraded 888 Holdings Public to an “overweight” rating in a report on Friday, June 7th. Canaccord Genuity restated a “buy” rating and issued a GBX 285 ($3.72) price objective on shares of 888 Holdings Public in a report on Thursday, June 6th. Peel Hunt cut their price objective on 888 Holdings Public from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “buy” rating on the stock in a report on Wednesday, June 26th. Peel Hunt cut their price objective on 888 Holdings Public from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “buy” rating on the stock in a report on Wednesday, June 26th. Finally, Numis Securities upgraded 888 Holdings Public to an “add” rating and cut their price objective for the stock from GBX 175 ($2.29) to GBX 170 ($2.22) in a report on Thursday, June 6th.
888 Holdings Public stock opened at GBX 146.60 ($1.92) on Thursday. The stock has a 50-day moving average price of GBX 157.68. The stock has a market cap of $539.28 million and a P/E ratio of 5.68. 888 Holdings Public has a 12 month low of GBX 126.70 ($1.66) and a 12 month high of GBX 239 ($3.12).
888 Holdings plc, together with its subsidiaries, provides online gaming entertainment products and solutions. It operates through Business to Customer and Business to Business segments. The company owns proprietary software solutions that provide a range of virtual online gaming services over the Internet, including casino and games, poker, bingo, sport, and Mytopia social games to the end users and business partners.
Further Reading: Earnings Per Share
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