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).

In related news, 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 ($11.18), for a total transaction of £1,187,141.67 ($1,597,768.06). Also, insider Lee Feldman sold 488,782 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of GBX 903 ($12.15), for a total transaction of £4,413,701.46 ($5,940,378.82). Insiders sold 1,331,639 shares of company stock valued at $1,194,315,059 over the last three months.

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About GVC

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.

Analyst Recommendations for GVC (LON:GVC)

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