Barclays Raises GVC (GVC) Price Target to GBX 1,120
GVC (LON:GVC) had its price target raised by Barclays from GBX 1,070 ($14.78) to GBX 1,120 ($15.47) in a research report issued to clients and investors on Monday. The firm currently has an “overweight” rating on the stock. Barclays’ target price suggests a potential upside of 17.28% from the stock’s previous close.
A number of other research analysts also recently commented on GVC. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,000 ($13.82) price objective on shares of GVC in a research report on Wednesday, November 29th. 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 report on Friday, December 8th. Berenberg Bank boosted their price objective on shares of GVC from GBX 960 ($13.26) to GBX 1,150 ($15.89) and gave the company a “buy” rating in a research report on Friday, December 8th. Numis Securities reaffirmed a “buy” rating and set a GBX 1,133 ($15.65) price objective on shares of GVC in a research report on Monday, December 18th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,100 ($15.20) price objective on shares of GVC in a research report on Monday, January 22nd. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,029.36 ($14.22).
GVC (LON:GVC) opened at GBX 955 ($13.19) on Monday. GVC has a 1 year low of GBX 705.50 ($9.75) and a 1 year high of GBX 996 ($13.76). The company has a market cap of $2,900.00 and a P/E ratio of -13,642.86.
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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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