Entain Plc (OTCMKTS:GMVHF) Given Average Recommendation of “Moderate Buy” by Brokerages

Entain Plc (OTCMKTS:GMVHF) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company.

Several research firms have recently weighed in on GMVHF. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Entain in a report on Friday, May 15th. BNP Paribas Exane initiated coverage on shares of Entain in a report on Thursday, May 14th. They issued an “outperform” rating on the stock.

Entain Stock Performance

OTCMKTS:GMVHF opened at $7.28 on Friday. Entain has a 52-week low of $6.74 and a 52-week high of $13.88. The stock’s 50 day moving average price is $7.49 and its 200 day moving average price is $8.17.

Entain Company Profile

Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.

Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.