Peel Hunt Reaffirms Buy Rating for GVC (LON:GVC)

Peel Hunt restated their buy rating on shares of GVC (LON:GVC) in a report published on Monday, ThisIsMoney.Co.Uk reports.

A number of other brokerages also recently commented on GVC. Numis Securities reaffirmed an add rating and issued a GBX 530 ($6.93) price target on shares of in a report on Wednesday, June 12th. Jefferies Financial Group decreased their price objective on shares of Seres Therapeutics from $6.00 to $4.00 and set a hold rating for the company in a research note on Monday, July 1st. Shore Capital reissued a house stock rating on shares of A.G. Barr in a research note on Thursday, May 16th. Berenberg Bank set a €54.00 ($62.79) target price on shares of 1&1 Drillisch and gave the stock a buy rating in a research report on Thursday, May 16th. Finally, Deutsche Bank reaffirmed a hold rating on shares of United Parcel Service in a research report on Tuesday, July 2nd. Twelve analysts have rated the stock with a buy rating, GVC currently has an average rating of Buy and a consensus target price of GBX 1,094.60 ($14.30).

GVC opened at GBX 600 ($7.84) on Monday. The firm’s 50-day moving average is GBX 625.42. GVC has a 52 week low of GBX 504 ($6.59) and a 52 week high of GBX 1,184 ($15.47). The company has a market cap of $3.49 billion and a P/E ratio of -49.18. The company has a debt-to-equity ratio of 64.09, a current ratio of 0.76 and a quick ratio of 0.65.

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.

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Analyst Recommendations for GVC (LON:GVC)

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