GVC’s (GVC) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of GVC (LON:GVC) in a research note released on Friday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently weighed in on GVC. Deutsche Bank reaffirmed a buy rating on shares of GVC in a report on Thursday, July 18th. Berenberg Bank reaffirmed a buy rating and issued a GBX 1,130 ($14.77) price target on shares of GVC in a report on Friday, July 12th. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 1,100 ($14.37) price target on shares of GVC in a report on Monday, July 1st. Morgan Stanley reaffirmed an overweight rating on shares of GVC in a report on Monday, July 15th. Finally, Numis Securities reaffirmed a buy rating and issued a GBX 961 ($12.56) price target on shares of GVC in a report on Wednesday, June 12th. Twelve investment analysts have rated the stock with a buy rating, GVC presently has an average rating of Buy and an average target price of GBX 1,094.60 ($14.30).

Shares of LON:GVC traded down GBX 4.60 ($0.06) on Friday, hitting GBX 578.60 ($7.56). The company’s stock had a trading volume of 2,694,577 shares, compared to its average volume of 2,260,000. The firm’s 50-day moving average price is GBX 627.97. GVC has a 1 year low of GBX 504 ($6.59) and a 1 year high of GBX 1,151 ($15.04). The stock has a market cap of $3.37 billion and a P/E ratio of -47.43. The company has a quick ratio of 0.65, a current ratio of 0.76 and a debt-to-equity ratio of 64.09.

GVC Company Profile

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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