Norbert Teufelberger Sells 142,857 Shares of GVC Holdings PLC (GVC) Stock
GVC Holdings PLC (LON:GVC) insider Norbert Teufelberger sold 142,857 shares of the company’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of GBX 831 ($10.73), for a total transaction of £1,187,141.67 ($1,533,180.51).
Shares of GVC Holdings PLC (GVC) opened at 843.50 on Friday. GVC Holdings PLC has a one year low of GBX 586.00 and a one year high of GBX 858.50. The firm’s market capitalization is GBX 2.48 billion. The firm’s 50 day moving average is GBX 772.04 and its 200-day moving average is GBX 756.72.
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GVC has been the topic of several recent analyst reports. Berenberg Bank upped their price target on shares of GVC Holdings PLC from GBX 900 ($11.62) to GBX 920 ($11.88) and gave the company a “buy” rating in a report on Tuesday, July 4th. Canaccord Genuity upped their price target on shares of GVC Holdings PLC from GBX 785 ($10.14) to GBX 850 ($10.98) and gave the company a “buy” rating in a report on Friday, May 26th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 975 ($12.59) price target on shares of GVC Holdings PLC in a report on Thursday, July 6th. Investec reaffirmed a “buy” rating and issued a GBX 820 ($10.59) price target on shares of GVC Holdings PLC in a report on Thursday, July 6th. Finally, Peel Hunt initiated coverage on shares of GVC Holdings PLC in a report on Thursday, June 29th. They issued a “buy” rating and a GBX 1,000 ($12.91) price target on the stock. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 872.11 ($11.26).
About GVC Holdings PLC
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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