GVC (GVC) Price Target Increased to GBX 1,070 by Analysts at Barclays
GVC (LON:GVC) had its price objective upped by equities researchers at Barclays from GBX 1,066 ($14.46) to GBX 1,070 ($14.51) in a research note issued to investors on Friday. The firm currently has an “overweight” rating on the stock. Barclays’ price objective indicates a potential upside of 13.83% from the company’s current price.
Other analysts have also issued reports about the company. Deutsche Bank lifted their price target on GVC from GBX 870 ($11.80) to GBX 985 ($13.36) and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Canaccord Genuity boosted their price objective on GVC from GBX 850 ($11.53) to GBX 925 ($12.54) and gave the stock a “buy” rating in a research note on Friday, September 15th. Numis Securities reissued a “buy” rating and set a GBX 985 ($13.36) price objective on shares of GVC in a research note on Thursday, September 14th. Citigroup raised GVC to a “buy” rating and set a GBX 1,090 ($14.78) price objective on the stock in a research note on Friday, December 8th. Finally, Peel Hunt boosted their price objective on GVC from GBX 1,000 ($13.56) to GBX 1,200 ($16.27) and gave the stock a “buy” rating in a research note on Friday, December 8th. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,010.27 ($13.70).
Shares of GVC (GVC) traded down GBX 15 ($0.20) during trading hours on Friday, hitting GBX 940 ($12.75). The stock had a trading volume of 6,300,517 shares, compared to its average volume of 1,700,000. The firm has a market capitalization of $2,850.00 and a price-to-earnings ratio of -4,947.37. GVC has a 12-month low of GBX 586 ($7.95) and a 12-month high of GBX 996 ($13.51).
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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