GVC (LON:GVC)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a report released on Friday, January 26th. They currently have a GBX 1,200 ($16.58) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 32.01% from the stock’s current price.
A number of other equities research analysts have also commented on the stock. Canaccord Genuity restated a “buy” rating and set a GBX 1,100 ($15.20) price objective on shares of GVC in a report on Monday, January 22nd. Berenberg Bank restated a “buy” rating and set a GBX 1,100 ($15.20) price objective on shares of GVC in a report on Monday, January 22nd. Barclays raised their price objective on shares of GVC from GBX 1,066 ($14.73) to GBX 1,070 ($14.78) and gave the stock an “overweight” rating in a report on Friday, January 12th. Numis Securities reiterated a “buy” rating and issued a GBX 1,133 ($15.65) price target on shares of GVC in a research note on Monday, December 18th. Finally, Citigroup upgraded shares of GVC to a “buy” rating and set a GBX 1,090 ($15.06) price target on the stock in a research note on Friday, December 8th. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,018.45 ($14.07).
Shares of GVC (LON:GVC) traded up GBX 18.50 ($0.26) during midday trading on Friday, hitting GBX 909 ($12.56). 3,545,758 shares of the stock were exchanged, compared to its average volume of 1,770,000. GVC has a 52 week low of GBX 670 ($9.26) and a 52 week high of GBX 996 ($13.76). The company has a market capitalization of $2,750.00 and a PE ratio of -4,784.21.
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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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