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Home / Momentum / William Hill (WMH.L) 24-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

William Hill (WMH.L) 24-10-19

Will shares in William Hill (WMH.L) continue to push upwards, reaching new highs?

 

  • Now trading at 202.8p (at time of writing), the share price momentum has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Shares -8% from 12-month highs; +53% from 12 month lows.

Latest News

11 Oct:  JP Morgan Cazenove today initiates coverage of William Hill (WMH) with a neutral rating and target price of 180p.

07 Oct:  Deutsche Bank reiterates its buy rating on William Hill (WMH) and reduced the target price to 197p (from 210p).

10 Sep:  Barclays Capital reiterates its overweight rating on William Hill (WMH) and increased the target price to 226p (from 215p).

05 Sep:  William Hill said that chief executive Philip Bowcock would leave his post, with effect from 30th September. He will be replaced by digital expert Ulrik Bengtsson.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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