Numis Securities Reaffirms “Hold” Rating for 888 (LON:888)

888 (LON:888)‘s stock had its “hold” rating restated by investment analysts at Numis Securities in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 85 ($1.06) price target on the stock. Numis Securities’ price objective suggests a potential upside of 3.16% from the company’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 130 ($1.62) target price on shares of 888 in a report on Wednesday.

888 Stock Performance

Shares of LON:888 opened at GBX 82.40 ($1.03) on Friday. The business’s 50 day moving average price is GBX 86.70 and its 200-day moving average price is GBX 85.44. 888 has a 1 year low of GBX 67.25 ($0.84) and a 1 year high of GBX 133.90 ($1.67). The company has a debt-to-equity ratio of 2,188.61, a current ratio of 0.69 and a quick ratio of 1.82. The firm has a market capitalization of £370.07 million, a PE ratio of -636.54, a P/E/G ratio of 0.48 and a beta of 0.95.

About 888

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.