GVC (GVC) Given New GBX 1,150 Price Target at Berenberg Bank
GVC (LON:GVC) had its price objective hoisted by Berenberg Bank from GBX 960 ($12.92) to GBX 1,150 ($15.48) in a research report report published on Friday morning. They currently have a buy rating on the stock.
A number of other analysts also recently commented on GVC. Deutsche Bank reiterated a buy rating and issued a GBX 870 ($11.71) target price on shares of GVC in a report on Friday, September 1st. Numis Securities restated a buy rating and set a GBX 985 ($13.26) price target on shares of GVC in a report on Thursday, September 14th. Canaccord Genuity boosted their price target on shares of GVC from GBX 850 ($11.44) to GBX 925 ($12.45) and gave the company a buy rating in a report on Friday, September 15th. Macquarie began coverage on shares of GVC in a report on Wednesday, October 11th. They set a neutral rating and a GBX 865 ($11.64) price target on the stock. Finally, Peel Hunt restated a buy rating and set a GBX 1,000 ($13.46) price target on shares of GVC in a report on Thursday, October 12th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of GBX 981.27 ($13.21).
GVC (LON:GVC) traded up GBX 6.50 ($0.09) during midday trading on Friday, hitting GBX 961 ($12.93). 3,837,276 shares of the company were exchanged, compared to its average volume of 1,510,000. GVC has a twelve month low of GBX 586 ($7.89) and a twelve month high of GBX 992.50 ($13.36).
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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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