888 Holdings plc (LON:888 – Get Rating) has been assigned an average recommendation of “Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 617.86 ($7.74).
Several research analysts recently commented on 888 shares. Berenberg Bank reissued a “buy” rating and set a GBX 500 ($6.27) target price on shares of 888 in a research note on Monday, May 16th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 690 ($8.65) target price on shares of 888 in a research note on Thursday, April 7th.
888 opened at GBX 190.30 ($2.38) on Friday. 888 has a 12 month low of GBX 175.60 ($2.20) and a 12 month high of GBX 494 ($6.19). The stock has a market capitalization of £849.37 million and a price-to-earnings ratio of 13.12. The company has a debt-to-equity ratio of 18.40, a current ratio of 0.95 and a quick ratio of 0.87. The business has a fifty day moving average price of GBX 198.79 and a 200 day moving average price of GBX 237.94.
888 Holdings plc, together with its subsidiaries, provides online betting and gaming 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, poker, sport, and bingo games.
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