888 Holdings plc (LON:888) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of 888 Holdings plc (LON:888Get Rating) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 532.29 ($6.43).

Several research analysts have weighed in on 888 shares. Deutsche Bank Aktiengesellschaft cut their price objective on 888 from GBX 350 ($4.23) to GBX 296 ($3.58) and set a “buy” rating on the stock in a research report on Tuesday, August 16th. JPMorgan Chase & Co. dropped their price target on 888 from GBX 250 ($3.02) to GBX 230 ($2.78) and set a “neutral” rating on the stock in a research report on Tuesday, July 26th. Finally, Berenberg Bank decreased their price objective on 888 from GBX 370 ($4.47) to GBX 320 ($3.87) and set a “buy” rating for the company in a report on Friday, August 26th.

888 Stock Up 0.9 %

888 stock opened at GBX 118 ($1.43) on Monday. The stock’s fifty day simple moving average is GBX 140.56 and its two-hundred day simple moving average is GBX 173.57. The company has a current ratio of 2.02, a quick ratio of 1.82 and a debt-to-equity ratio of 6.08. 888 has a 1-year low of GBX 114.20 ($1.38) and a 1-year high of GBX 494 ($5.97). The stock has a market cap of £526.67 million and a P/E ratio of 1,685.71.

Insider Transactions at 888

In other 888 news, insider Yariv Dafna bought 20,000 shares of 888 stock in a transaction dated Monday, September 5th. The stock was purchased at an average price of GBX 118 ($1.43) per share, for a total transaction of £23,600 ($28,516.19).

888 Company Profile

(Get Rating)

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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Analyst Recommendations for 888 (LON:888)

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