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

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

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

Entain Stock Down 2.9%

OTCMKTS GMVHF opened at $8.08 on Monday. Entain has a 1-year low of $6.74 and a 1-year high of $13.88. The business’s 50-day simple moving average is $7.67 and its 200-day simple moving average is $8.54.

About Entain

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.