Analysts upgrade 888 estimates after William Hill purchase

Peel Hunt increases target price for London-listed operator while Numis upgrades rating to Buy from Add

UK investment banks have reacted positively to 888’s £2.2bn acquisition of William Hill International. Peel Hunt has increased its target price from 500p to 750p and reiterated its Buy rating, while Numis has upgraded its recommendation to Buy following the purchase. Despite the bullish forecasts, 888’s share price has fallen by 0.69% over the last…

888 Holdings | Finance | London Stock Exchange | Mr Green | Numis | Peel Hunt | William Hill