GVC’s (GVC) Buy Rating Reaffirmed at Peel Hunt
GVC (LON:GVC)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued to clients and investors on Friday. They currently have a GBX 1,200 ($16.58) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 26.92% from the stock’s current price.
Other equities research analysts have also issued reports about the stock. Barclays started coverage on shares of GVC in a report on Tuesday, January 2nd. They set an “overweight” rating and a GBX 1,066 ($14.73) target price on the stock. Berenberg Bank reduced their price objective on shares of GVC from GBX 1,150 ($15.89) to GBX 1,100 ($15.20) and set a “buy” rating on the stock in a research note on Friday, January 5th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 1,100 ($15.20) price objective on shares of GVC in a research note on Monday, January 22nd. Numis Securities reaffirmed a “buy” rating and issued a GBX 1,133 ($15.65) price objective on shares of GVC in a research note on Monday, December 18th. Finally, Citigroup raised shares of GVC to a “buy” rating and set a GBX 1,090 ($15.06) price objective on the stock in a research note on Friday, December 8th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,027.55 ($14.20).
Shares of GVC (LON:GVC) opened at GBX 945.50 ($13.06) on Friday. GVC has a 1-year low of GBX 697 ($9.63) and a 1-year high of GBX 996 ($13.76). The firm has a market cap of $2,870.00 and a P/E ratio of -4,976.32.
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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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