888 Holdings Public (LON:888) Upgraded at JPMorgan Chase & Co.

888 Holdings Public (LON:888) was upgraded by investment analysts at JPMorgan Chase & Co. to an “overweight” rating in a research note issued to investors on Friday, June 7th, ThisIsMoney.Co.Uk reports.

888 has been the topic of a number of other research reports. Peel Hunt reiterated a “buy” rating on shares of 888 Holdings Public in a research report on Tuesday, February 19th. Canaccord Genuity restated a “buy” rating and issued a GBX 285 ($3.72) price target on shares of 888 Holdings Public in a research report on Monday, March 4th. Finally, Numis Securities dropped their price target on 888 Holdings Public from GBX 245 ($3.20) to GBX 175 ($2.29) and set a “hold” rating on the stock in a research report on Thursday, May 16th.

LON 888 traded up GBX 3.30 ($0.04) during trading on Friday, reaching GBX 163 ($2.13). 741,901 shares of the company’s stock were exchanged, compared to its average volume of 769,800. The firm has a market cap of $599.05 million and a PE ratio of 6.32. The stock has a 50 day simple moving average of GBX 144.36. 888 Holdings Public has a 1 year low of GBX 126.70 ($1.66) and a 1 year high of GBX 274.60 ($3.59).

In other news, insider Itai Frieberger sold 2,000,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of GBX 152 ($1.99), for a total transaction of £3,040,000 ($3,972,298.45).

About 888 Holdings Public

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: Return on Investment (ROI)

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