888 Holdings Public Limited (LON:888) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $147.30. 888 Holdings Public shares last traded at $141.50, with a volume of 376,088 shares.
Several research firms recently weighed in on 888. Peel Hunt cut their price objective on 888 Holdings Public from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “buy” rating for the company in a research report on Wednesday, June 26th. JPMorgan Chase & Co. raised 888 Holdings Public to an “overweight” rating in a research report on Friday, June 7th. Peel Hunt cut their price objective on 888 Holdings Public from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “buy” rating for the company in a research report on Wednesday, June 26th. Numis Securities raised 888 Holdings Public to an “add” rating and cut their price objective for the stock from GBX 175 ($2.29) to GBX 170 ($2.22) in a research report on Thursday, June 6th. Finally, Deutsche Bank began coverage on 888 Holdings Public in a research report on Tuesday, July 2nd. They set a “hold” rating for the company. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 213.75 ($2.79).
The stock has a market capitalization of $538.54 million and a P/E ratio of 5.67. The firm has a 50 day moving average of GBX 156.10 and a 200-day moving average of GBX 156.08.
888 Holdings Public Company Profile (LON:888)
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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