888 Holdings Public’s (888) “Buy” Rating Reiterated at Canaccord Genuity

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Canaccord Genuity reissued their buy rating on shares of 888 Holdings Public (LON:888) in a report released on Tuesday. The brokerage currently has a GBX 285 ($3.72) price target on the stock.

888 has been the subject of several other research reports. Numis Securities reissued a hold rating and issued a GBX 180 ($2.35) price objective on shares of 888 Holdings Public in a report on Wednesday, December 19th. Peel Hunt reissued a buy rating on shares of 888 Holdings Public in a report on Tuesday, February 19th.

LON 888 opened at GBX 161.90 ($2.12) on Tuesday. The company has a market capitalization of $589.78 million and a PE ratio of 7.04. 888 Holdings Public has a 12 month low of GBX 153 ($2.00) and a 12 month high of GBX 326.60 ($4.27).

The firm also recently declared a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.08 per share. This is an increase from 888 Holdings Public’s previous dividend of $0.04. The ex-dividend date of this dividend is Thursday, March 28th. This represents a yield of 3.62%. 888 Holdings Public’s dividend payout ratio (DPR) is currently 0.35%.

888 Holdings Public Company Profile

888 Holdings plc, together with its subsidiaries, provides online gaming entertainment products and solutions. It operates through Business to Customer and Business to Business segments. The company owns proprietary software solutions that provide a range of virtual online gaming services over the Internet, including casino and games, poker, bingo, sport, and Mytopia social games to the end users and business partners.

Read More: Why is the price-sales ratio important?

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