Entain Plc (OTCMKTS:GMVHF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Entain Plc (OTCMKTS:GMVHF) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company.

GMVHF has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Entain in a research report on Friday, May 15th. BNP Paribas Exane initiated coverage on shares of Entain in a research report on Thursday, May 14th. They issued an “outperform” rating for the company.

Entain Stock Performance

Shares of OTCMKTS GMVHF opened at $7.59 on Monday. The firm has a 50-day simple moving average of $7.60 and a 200-day simple moving average of $8.58. Entain has a 52 week low of $6.74 and a 52 week high of $13.88.

About Entain

Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.

Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.