888 Holdings Public Limited (LON:888) Receives GBX 211.33 Consensus Target Price from Brokerages

Shares of 888 Holdings Public Limited (LON:888) have been assigned a consensus recommendation of “Buy” from the six analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 211.33 ($2.76).

Several research analysts recently issued reports on 888 shares. Canaccord Genuity dropped their price objective on 888 Holdings Public from GBX 285 ($3.72) to GBX 264 ($3.45) and set a “buy” rating on the stock in a research note on Tuesday, September 10th. Peel Hunt reissued a “buy” rating on shares of 888 Holdings Public in a research note on Monday, October 28th.

In other news, insider Mark Summerfield acquired 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were bought at an average price of GBX 154 ($2.01) per share, with a total value of £46,200 ($60,368.48).

Shares of 888 traded down GBX 2.20 ($0.03) during mid-day trading on Friday, reaching GBX 162.40 ($2.12). 296,963 shares of the company’s stock traded hands, compared to its average volume of 769,800. The stock has a market cap of $598.16 million and a P/E ratio of 10.15. The stock’s 50-day moving average is GBX 162.30 and its two-hundred day moving average is GBX 153.37. 888 Holdings Public has a 12 month low of GBX 126.70 ($1.66) and a 12 month high of GBX 188.20 ($2.46). The company has a debt-to-equity ratio of 38.82, a current ratio of 0.58 and a quick ratio of 0.58.

About 888 Holdings Public

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.

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Analyst Recommendations for 888 Holdings Public (LON:888)

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