888 Holdings (LON: 888) was downgraded by investment analysts at Panmure Gordon from a “buy” rating to a “hold” rating in a note issued to investors on Friday. They currently have a $2.34 (157 GBX) target price on the stock, up from their previous target price of $2.17 (145 GBX).
888 Holdings traded up 5.21% on Friday, hitting GBX 166.75. 888 Holdings has a 1-year low of GBX 53.25 and a 1-year high of GBX 183.313. The stock’s 50-day moving average is currently GBX 91.63. The company’s market cap is £580.5 million.
888 has been the subject of a number of other recent research reports. Analysts at Barclays Capital reiterated an “underweight” rating on shares of 888 Holdings in a research note to investors on Friday. They now have a $1.35 price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of 888 Holdings from $2.63 to $3.31 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of 888 Holdings in a research note to investors on Thursday, February 28th. They now have a $1.71 price target on the stock, up previously from $1.70.
888 Holdings plc is engaged in the provision of online gaming entertainment to the customers, as well as business partners.