Canaccord Genuity Holding Steadfast to ‘Buy’ Rating for 888 Holdings

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Canaccord Genuity Holding Steadfast to 'Buy' Rating for 888 Holdings

In what should come as another boost of confidence for investors in prominent gaming company 888 Holdings, some good news is emerging from a respected name on Wall Street.

“888‘s stock had its ‘buy’ rating reiterated by Canaccord Genuity in a research note issued on Monday,” Dakota Financial News reports, citing Market Beat.

They presently have a GBX 176 ($2.73) price objective on the stock. Canaccord Genuity’s target price would suggest a potential upside of 3.53% from the company’s current price.

This morning, 888 Holdings Public Limited Company opened at 170.250, with the stock’s market cap hovering at GBX 603.43 million.

“Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock,” the report concludes. “The stock presently has a consensus rating of “Buy” and an average price target of GBX 177.63 ($2.75).”

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