GVC (LON:GVC) had its price target boosted by Barclays from GBX 1,066 ($14.95) to GBX 1,070 ($15.00) in a research report released on Friday, January 12th. Barclays currently has an overweight rating on the stock.
A number of other brokerages also recently weighed in on GVC. Berenberg Bank lowered their target price on shares of GVC from GBX 1,150 ($16.12) to GBX 1,100 ($15.42) and set a buy rating on the stock in a research note on Friday, January 5th. Canaccord Genuity lifted their price target on shares of GVC from GBX 925 ($12.97) to GBX 1,010 ($14.16) and gave the stock a buy rating in a research note on Friday, November 3rd. Peel Hunt reissued a buy rating and set a GBX 1,000 ($14.02) price target on shares of GVC in a research note on Thursday, October 12th. Deutsche Bank reissued a buy rating and set a GBX 985 ($13.81) price target on shares of GVC in a research note on Friday, November 3rd. Finally, Citigroup raised shares of GVC to a buy rating and set a GBX 1,090 ($15.28) price target on the stock in a research note on Friday, December 8th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of GBX 1,018.45 ($14.28).
GVC (LON GVC) opened at GBX 882 ($12.37) on Friday. The company has a market cap of $2,690.00 and a P/E ratio of -4,642.11. GVC has a 1 year low of GBX 668.50 ($9.37) and a 1 year high of GBX 996 ($13.97).
In related news, insider Lee Feldman sold 488,782 shares of GVC stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of GBX 903 ($12.66), for a total value of £4,413,701.46 ($6,188,588.70).
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GVC Holdings PLC is a sports betting and gaming company. The Company operates under various brands in the gaming sector, including bwin, sporting bet and Foxy Bingo. It also provides online gaming services on a business-to-business basis to the third party operators. Its segments include Sports and Gaming.
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