GVC Holdings PLC (LON:GVC) Given Consensus Rating of “Buy” by Brokerages

GVC Holdings PLC (LON:GVC) has earned an average recommendation of “Buy” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. Twelve analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,094.50 ($14.30).

A number of brokerages recently issued reports on GVC. Peel Hunt reissued an “under review” rating on shares of Motif Bio in a research report on Monday, July 15th. Jefferies Financial Group reduced their price target on Seres Therapeutics from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Monday, July 1st. Numis Securities reissued an “add” rating and set a GBX 530 ($6.93) price target on shares of in a research report on Wednesday, June 12th. Barclays set a $46.00 price target on D. R. Horton and gave the stock a “buy” rating in a research report on Friday, April 26th. Finally, Morgan Stanley set a $70.00 price target on Edison International and gave the stock a “hold” rating in a research report on Monday, July 15th.

Shares of LON GVC traded up GBX 19.60 ($0.26) during trading hours on Friday, reaching GBX 630.60 ($8.24). 3,930,521 shares of the stock were exchanged, compared to its average volume of 2,260,000. The company has a market cap of $3.67 billion and a price-to-earnings ratio of -51.69. The company has a quick ratio of 0.65, a current ratio of 0.76 and a debt-to-equity ratio of 64.09. GVC has a 52 week low of GBX 504 ($6.59) and a 52 week high of GBX 1,184 ($15.47). The company’s fifty day simple moving average is GBX 628.26.

About GVC

GVC Holdings PLC, together with its subsidiaries, operates as an online gaming company in Germany, the United Kingdom, rest of Europe, and internationally. It operates through Sports Labels, Games Labels, B2B, and Non-Core segments. The company provides online betting, casino, poker, and bingo services through mobile and web under the Bwin brand; sports betting, casinos, games, and poker through online and mobile under the Sportingbet brand; and online bingo, sportsbook, casino, and poker access under the Betboo brand, as well as operates an online casino Website for German-speaking markets under the CasinoClub brand.

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Analyst Recommendations for GVC (LON:GVC)

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