888 Holdings Public (LON:888) PT Lowered to GBX 264 at Canaccord Genuity

888 Holdings Public (LON:888) had its target price trimmed by Canaccord Genuity from GBX 285 ($3.72) to GBX 264 ($3.45) in a report published on Tuesday morning, Digital Look reports. They currently have a buy rating on the stock.

A number of other research firms have also commented on 888. Peel Hunt reduced their price target on 888 Holdings Public from GBX 220 ($2.87) to GBX 200 ($2.61) and set a buy rating on the stock in a research report on Wednesday, June 26th. Deutsche Bank assumed coverage on 888 Holdings Public in a research report on Tuesday, July 2nd. They set a hold rating on the stock. Numis Securities upgraded 888 Holdings Public to an add rating and cut their target price for the company from GBX 175 ($2.29) to GBX 170 ($2.22) in a research report on Thursday, June 6th. Peel Hunt restated a buy rating on shares of 888 Holdings Public in a research report on Tuesday. Finally, JPMorgan Chase & Co. upgraded 888 Holdings Public to an overweight rating in a research report on Friday, June 7th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 208.50 ($2.72).

LON 888 opened at GBX 152.60 ($1.99) on Tuesday. The business’s 50-day moving average price is GBX 152.56 and its two-hundred day moving average price is GBX 154.34. 888 Holdings Public has a 12 month low of GBX 126.70 ($1.66) and a 12 month high of GBX 231.40 ($3.02). The firm has a market capitalization of $562.45 million and a PE ratio of 9.54. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 38.82.

The firm also recently announced a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 19th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 1.58%. 888 Holdings Public’s payout ratio is 0.44%.

In other 888 Holdings Public news, insider Mark Summerfield bought 30,000 shares of the business’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, for a total transaction of £46,200 ($60,368.48).

888 Holdings Public Company Profile

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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