888 Holdings plc (LON: 888 – Get a rating) insider Yariv Dafna acquired 20,000 shares in a trade dated Monday, September 5. The shares were acquired at an average cost of 118 GBX ($1.43) per share, with a total value of £23,600 ($28,516.19).
888 Stock up 2.9%
888 opened at GBX 125.41 ($1.52) on Tuesday. The company has a 50-day rolling average price of 150.24 GBX and a two-hundred-day rolling average price of 183.47 GBX. The company has a quick ratio of 1.82, a current ratio of 2.02 and a debt ratio of 6.08. The company has a market capitalization of £559.74 million and a PE ratio of 1,777.14. 888 Holdings plc has a 52-week low of 115.60 GBX ($1.40) and a 52-week high of 494 GBX ($5.97).
Changes to analyst ratings
Several research firms recently published reports on 888. JPMorgan Chase & Co. lowered its price target on 888 from GBX 250 ($3.02) to GBX 230 ($2.78) and set a “neutral” rating. for the company in a research report on Tuesday, July 26. Deutsche Bank Aktiengesellschaft cut its price target on 888 from 350 GBX ($4.23) to 296 GBX ($3.58) and set a “buy” rating for the company in a Tuesday, August 16 report. Finally, Berenberg Bank cut its price target on 888 from GBX 370 ($4.47) to GBX 320 ($3.87) and set a “buy” rating for the company in a Friday, August 26 report. One equity research analyst gave the stock a hold rating and six gave the stock a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of 532.29 GBX ($6.43).
888 Company Profile
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 has proprietary software solutions that provide a range of online virtual gaming services over the Internet, including casino, poker, sports and bingo games.
This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Before you consider 888, you’ll want to hear this.
MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market breaks…and 888 weren’t on the list.
While 888 currently has a “moderate buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the five actions here