888 Holdings Public (LON:888) had its price objective lowered by analysts at Canaccord Genuity from GBX 264 ($3.47) to GBX 243 ($3.20) in a report issued on Tuesday, January 7th, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price target would suggest a potential upside of 61.91% from the stock’s previous close.
Separately, Peel Hunt reiterated a “buy” rating on shares of 888 Holdings Public in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. 888 Holdings Public currently has an average rating of “Buy” and an average price target of GBX 203.25 ($2.67).
Shares of 888 stock opened at GBX 150.08 ($1.97) on Tuesday. The stock has a market capitalization of $562.84 million and a PE ratio of 9.38. 888 Holdings Public has a 1-year low of GBX 126.70 ($1.67) and a 1-year high of GBX 183.30 ($2.41). The business has a 50-day moving average of GBX 159.11 and a 200 day moving average of GBX 158.22. The company has a debt-to-equity ratio of 38.82, a current ratio of 0.58 and a quick ratio of 0.58.
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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