GVC Holdings PLC (GVC) Stock Rating Reaffirmed by Deutsche Bank AG
GVC Holdings PLC (LON:GVC)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank AG in a research note issued to investors on Thursday. They currently have a GBX 870 ($11.24) price target on the stock. Deutsche Bank AG’s price target points to a potential upside of 9.71% from the company’s previous close.
A number of other equities analysts also recently commented on GVC. Canaccord Genuity upped their target price on 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. Peel Hunt started 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 for the company. Berenberg Bank upped their target price on 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. Numis Securities Ltd restated 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. Finally, Investec restated 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. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 871 ($11.25).
Shares of GVC Holdings PLC (LON GVC) opened at 793.00 on Thursday. The stock has a 50 day moving average of GBX 766.99 and a 200 day moving average of GBX 752.61. GVC Holdings PLC has a 1-year low of GBX 586.00 and a 1-year high of GBX 826.50. The company’s market cap is GBX 2.33 billion.
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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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