GVC Holdings PLC (LON:GVC) had its target price upped by analysts at Canaccord Genuity from GBX 850 ($10.98) to GBX 925 ($11.95) in a research note issued on Friday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s target price indicates a potential upside of 10.18% from the company’s previous close.

A number of other research analysts also recently commented on GVC. Peel Hunt initiated coverage on GVC Holdings PLC in a report on Thursday, June 29th. They set a “buy” rating and a GBX 1,000 ($12.91) target price on the stock. Berenberg Bank increased their target price on GVC Holdings PLC from GBX 900 ($11.62) to GBX 920 ($11.88) and gave the stock a “buy” rating in a report on Tuesday, July 4th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 975 ($12.59) target price on shares of GVC Holdings PLC in a report on Thursday, July 6th. Investec reaffirmed a “buy” rating and set a GBX 820 ($10.59) target price on shares of GVC Holdings PLC in a report on Thursday, July 6th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 870 ($11.24) target price on shares of GVC Holdings PLC in a report on Friday, September 1st. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 880.44 ($11.37).

GVC Holdings PLC (GVC) traded down 1.41% during midday trading on Friday, reaching GBX 839.50. The company had a trading volume of 1,699,793 shares. The firm’s market capitalization is GBX 2.47 billion. GVC Holdings PLC has a 12 month low of GBX 586.00 and a 12 month high of GBX 858.50. The firm’s 50-day moving average price is GBX 774.04 and its 200 day moving average price is GBX 757.30.

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In related news, insider Norbert Teufelberger sold 142,857 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of GBX 831 ($10.73), for a total value of £1,187,141.67 ($1,533,180.51).

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.

Analyst Recommendations for GVC Holdings PLC (LON:GVC)

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