GVC (GVC) Given “Buy” Rating at Peel Hunt

Peel Hunt restated their buy rating on shares of GVC (LON:GVC) in a report issued on Monday.

Several other research analysts also recently commented on GVC. Numis Securities reaffirmed a buy rating and issued a GBX 1,141 ($15.19) price target on shares of GVC in a research note on Friday, May 25th. Barclays raised their price target on shares of GVC from GBX 1,070 ($14.25) to GBX 1,120 ($14.91) and gave the stock an overweight rating in a research note on Monday, March 12th. Shore Capital began coverage on shares of GVC in a research note on Friday, May 25th. They issued a buy rating and a GBX 983 ($13.09) price target on the stock. Credit Suisse Group reaffirmed a neutral rating on shares of GVC in a research note on Monday, April 30th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 1,070 ($14.25) price target on shares of GVC in a research note on Tuesday, March 13th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of GBX 1,099.50 ($14.64).

GVC opened at GBX 1,041 ($13.86) on Monday, MarketBeat reports. GVC has a 12 month low of GBX 705.50 ($9.39) and a 12 month high of GBX 996 ($13.26).

In other GVC news, insider Lee Feldman sold 369,125 shares of the stock in a transaction dated Tuesday, April 3rd. The shares were sold at an average price of GBX 903 ($12.02), for a total transaction of £3,333,198.75 ($4,437,756.29).

About GVC

GVC Holdings PLC, together with its subsidiaries, operates as an online gaming company in Germany, the United Kingdom, rest of Europe, and internationally. It operates through Sports Labels, Games Labels, B2B, and Non-Core segments. The company provides online betting, casino, poker, and bingo services through mobile and web under the Bwin brand; sports betting, casinos, games, and poker through online and mobile under the Sportingbet brand; and online bingo, sportsbook, casino, and poker access under the Betboo brand, as well as operates an online casino Website for German-speaking markets under the CasinoClub brand.

Analyst Recommendations for GVC (LON:GVC)

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