Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
magazine888 comes up trumps
Online gaming group 888 (888) shrugged off currency headwinds to deliver forecast-busting full year results (21 Mar) showing strong organic growth and substantial free cash flow. Investec Securities is a buyer with a 260p price target, arguing ‘given 888’s size and superior technology offering, as well as its growing Sport product vertical (now 10% of the business), we regard 888 as either a consolidator or key potential take-out target.’ (JC)
Important information:
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
Issue contents
Big News
- 888 comes up trumps
- Argos saves the day for Sainsbury’s
- The fund which can help you beat inflation
- Setting the course for Brexit
- Has Royal Mail delivered for investors?
- Investor makes £2bn move on Anglo
- Watch NHS risk with Medica
- AstraZeneca to take a dose of Circassia
- Cheap mortgages could free up cash for investing
Editor's View
Great Ideas Update
Investment Trusts
Larger Companies
Main Feature
Smaller Companies
Story In Numbers
- UK Media Companies
- FTSE 100 Stocks - Best Performing
- 2.1%: House price growth in East Midlands in top form
- $23 billion: Behemoth created by Vodafone India merger
- Hansteen disposal worth more than its market cap
- 15%: Rights issue might not solve Tullow’s debt problem
- 22%: Recruiter enjoys strong growth in Asia
- 1.01%: BEST RATE FOR CASH ISA
