GVC Holdings PLC (GVC) Price Target Increased to GBX 925 by Analysts at Canaccord Genuity
GVC Holdings PLC (LON:GVC) had its target price hoisted by Canaccord Genuity from GBX 850 ($10.98) to GBX 925 ($11.95) in a research note issued to investors on Friday morning. Canaccord Genuity currently has a buy rating on the stock.
A number of other equities analysts also recently weighed in on the company. Berenberg Bank boosted their price target on GVC Holdings PLC from GBX 900 ($11.62) to GBX 920 ($11.88) and gave the stock a buy rating in a research report on Tuesday, July 4th. Numis Securities Ltd reissued a buy rating and set a GBX 975 ($12.59) price target on shares of GVC Holdings PLC in a research report on Thursday, July 6th. Investec reissued a buy rating and set a GBX 820 ($10.59) price target on shares of GVC Holdings PLC in a research report on Thursday, July 6th. Peel Hunt started coverage on GVC Holdings PLC in a research report on Thursday, June 29th. They set a buy rating and a GBX 1,000 ($12.91) price target on the stock. Finally, Deutsche Bank AG reissued a buy rating and set a GBX 870 ($11.24) price target on shares of GVC Holdings PLC in a research report on Thursday, September 7th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of GBX 880.44 ($11.37).
GVC Holdings PLC (LON GVC) traded down 1.41% during mid-day trading on Friday, reaching GBX 839.50. The company’s stock had a trading volume of 1,699,793 shares. GVC Holdings PLC has a 52-week low of GBX 586.00 and a 52-week high of GBX 858.50. The company has a 50 day moving average of GBX 774.04 and a 200-day moving average of GBX 757.30. The stock’s market cap is GBX 2.47 billion.
In other news, insider Norbert Teufelberger sold 142,857 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of GBX 831 ($10.73), for a total value of £1,187,141.67 ($1,533,180.51).
About GVC Holdings PLC
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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