GVC Holdings PLC (GVC) Given “Buy” Rating at Liberum Capital
GVC Holdings PLC (LON:GVC)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 738 ($9.63) price target on the stock. Liberum Capital’s target price would suggest a potential downside of 4.03% from the stock’s current price.
A number of other equities analysts have also commented on GVC. Libertas Partners reissued a “buy” rating and issued a GBX 738 ($9.63) price target on shares of GVC Holdings PLC in a report on Wednesday, August 3rd. Canaccord Genuity reissued a “buy” rating and issued a GBX 615 ($8.03) price target on shares of GVC Holdings PLC in a report on Monday, May 23rd. Goodbody reissued a “buy” rating on shares of GVC Holdings PLC in a report on Monday, August 1st. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 760 ($9.92) price target on shares of GVC Holdings PLC in a report on Tuesday, September 13th. Eleven investment analysts have rated the stock with a buy rating, GVC Holdings PLC presently has an average rating of “Buy” and an average target price of GBX 639.90 ($8.35).
GVC Holdings PLC (LON:GVC) traded up 6.58% during midday trading on Tuesday, reaching GBX 769.00. 4,580,298 shares of the company’s stock traded hands. The company’s 50-day moving average price is GBX 701.78 and its 200-day moving average price is GBX 593.43. The stock’s market cap is GBX 471.21 million. GVC Holdings PLC has a 52-week low of GBX 368.00 and a 52-week high of GBX 1,180.47.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/gvc-holdings-plc-gvc-given-buy-rating-at-liberum-capital.html
GVC Holdings PLC Company Profile
GVC Holdings PLC is an Isle of Man-based sports betting and gaming company. The Company provides both business to business (B2B) and business to consumer (B2C) services to the online gaming and sports betting markets. The Company operates through two segments: sports and gaming. The sports segment includes bets placed on sporting events in the year.
Receive News & Ratings for GVC Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GVC Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.