GVC (LON:GVC)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Monday, February 26th. They presently have a GBX 1,200 ($16.58) price target on the stock. Peel Hunt’s price target points to a potential upside of 26.18% from the stock’s previous close.
Several other research firms have also weighed in on GVC. Berenberg Bank cut their target price on shares of GVC from GBX 1,150 ($15.89) to GBX 1,100 ($15.20) and set a “buy” rating for the company in a report on Friday, January 5th. Barclays lifted their target price 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 research note on Friday, January 12th. Canaccord Genuity lifted their target price on shares of GVC from GBX 925 ($12.78) to GBX 1,010 ($13.95) and gave the stock a “buy” rating in a research note on Friday, November 3rd. Deutsche Bank reissued a “buy” rating and set a GBX 985 ($13.61) price target on shares of GVC in a research report on Friday, November 3rd. Finally, Citigroup upgraded shares of GVC to a “buy” rating and set a GBX 1,090 ($15.06) price objective on the stock in a report on Friday, December 8th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. GVC presently has a consensus rating of “Buy” and an average price target of GBX 1,029.36 ($14.22).
GVC (LON GVC) traded down GBX 4 ($0.06) on Monday, reaching GBX 951 ($13.14). 1,990,000 shares of the company’s stock were exchanged, compared to its average volume of 2,200,000. GVC has a 12 month low of GBX 705.50 ($9.75) and a 12 month high of GBX 996 ($13.76). The stock has a market cap of $2,890.00 and a price-to-earnings ratio of -13,585.71.
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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