Entain Plc (OTCMKTS:GMVHF) Stock Rated “Buy” by Sell-Side Brokerages

Shares of Entain Plc (OTCMKTS:GMVHF) have received an average rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating.

A number of research firms have weighed in on GMVHF. Citigroup reissued a “positive” rating on shares of Entain in a research report on Thursday, October 8th. Susquehanna reaffirmed a “positive” rating on shares of Entain in a research report on Thursday, August 20th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Entain in a research note on Wednesday, July 15th.

Entain Trading Down 1.0%

OTCMKTS:GMVHF opened at $5.81 on Friday. Entain has a 1 year low of $5.30 and a 1 year high of $11.42. The firm’s fifty day simple moving average is $6.70 and its 200 day simple moving average is $7.28.

About Entain

Entain plc is an international sports-betting and gaming company that operates in regulated markets worldwide. Its business includes online and retail sports wagering, casino games, poker, bingo and other interactive entertainment products delivered through digital platforms and, in some markets, retail betting locations.

The company operates a portfolio of brands, including bwin, Coral, Ladbrokes, PartyPoker and Sportingbet. Entain also owns a 50% stake in BetMGM, a joint venture with MGM Resorts International that provides online sports betting and iGaming services in eligible jurisdictions across the United States and Canada.

Entain was formerly known as GVC Holdings and adopted the Entain name in 2020 as part of a broader focus on regulated markets and technology-led betting and gaming services.