GVC Holdings PLC (LON:GVC) had its price objective lifted by equities research analysts at Canaccord Genuity from GBX 720 ($9.40) to GBX 755 ($9.86) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price target would indicate a potential downside of 0.13% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. Libertas Partners reaffirmed a “buy” rating and issued a GBX 738 ($9.63) price target on shares of GVC Holdings PLC in a report on Wednesday, August 3rd. Liberum Capital started coverage on shares of GVC Holdings PLC in a report on Wednesday, August 3rd. They issued a “buy” rating and a GBX 738 ($9.63) price target for the company. Berenberg Bank started coverage on shares of GVC Holdings PLC in a research report on Friday, July 22nd. They issued a “buy” rating and a GBX 730 ($9.53) price objective on the stock. Finally, Goodbody reissued a “buy” rating on shares of GVC Holdings PLC in a research report on Monday, August 1st. Eleven analysts have rated the stock with a buy rating, GVC Holdings PLC presently has a consensus rating of “Buy” and an average price target of GBX 639.90 ($8.35).
Shares of GVC Holdings PLC (LON:GVC) opened at 749.50 on Tuesday. The company’s market capitalization is GBX 459.26 million. The stock has a 50 day moving average price of GBX 705.04 and a 200-day moving average price of GBX 594.64. GVC Holdings PLC has a 12 month low of GBX 368.00 and a 12 month high of GBX 1,180.47.
About GVC Holdings PLC
GVC Holdings PLC is an Isle of Man-based sports betting and gaming company. The Company provides both business to business (B2B) and business to consumer (B2C) services to the online gaming and sports betting markets. The Company operates through two segments: sports and gaming. The sports segment includes bets placed on sporting events in the year.
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