888’s (888) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of 888 (LON:888) in a report issued on Wednesday, Marketbeat.com reports. Berenberg Bank currently has a GBX 130 ($1.62) price objective on the stock.

888 Trading Up 4.8 %

LON 888 opened at GBX 83.65 ($1.04) on Wednesday. 888 has a 12 month low of GBX 67.25 ($0.84) and a 12 month high of GBX 133.90 ($1.67). The stock has a 50-day simple moving average of GBX 86.55 and a 200 day simple moving average of GBX 85.32. The company has a current ratio of 0.69, a quick ratio of 1.82 and a debt-to-equity ratio of 2,188.61. The company has a market capitalization of £375.68 million, a PE ratio of -643.46, a P/E/G ratio of 0.48 and a beta of 0.95.

888 Company Profile

888 Holdings plc, together with its subsidiaries, provides online betting and gaming products and solutions in the United Kingdom, Italy, Spain, and internationally. It operates through three segments Retail, UK Online, and International. The company engages in the operation of gaming machines; and sports betting, casino, poker, and other gaming products, as well as offers telephone betting services.