GVC Holdings PLC’s (GVC) “Buy” Rating Reaffirmed at Deutsche Bank AG
GVC Holdings PLC (LON:GVC)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a report issued on Thursday, StockTargetPrices.com reports. They currently have a GBX 870 ($11.24) target price on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 9.71% from the company’s current price.
GVC has been the subject of a number of other research reports. Berenberg Bank reiterated a “buy” rating and set a GBX 920 ($11.88) price objective on shares of GVC Holdings PLC in a research report on Friday, September 1st. Peel Hunt assumed coverage on GVC Holdings PLC in a research report on Thursday, June 29th. They set a “buy” rating and a GBX 1,000 ($12.91) price objective for the company. Investec reiterated a “buy” rating and set a GBX 820 ($10.59) price objective on shares of GVC Holdings PLC in a research report on Thursday, July 6th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 975 ($12.59) price objective on shares of GVC Holdings PLC in a research report on Thursday, July 6th. Finally, Canaccord Genuity upped their price objective on GVC Holdings PLC from GBX 785 ($10.14) to GBX 850 ($10.98) and gave the company a “buy” rating in a research report on Friday, May 26th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. GVC Holdings PLC presently has a consensus rating of “Buy” and an average target price of GBX 871 ($11.25).
Shares of GVC Holdings PLC (LON:GVC) traded up 1.47% during midday trading on Thursday, hitting GBX 793.00. The stock had a trading volume of 458,117 shares. The stock’s market cap is GBX 2.38 billion. The stock’s 50-day moving average is GBX 766.99 and its 200-day moving average is GBX 752.61. GVC Holdings PLC has a 12 month low of GBX 586.00 and a 12 month high of GBX 826.50.
GVC Holdings PLC Company Profile
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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