Investment Analysts’ Recent Ratings Changes for GVC (GVC)

Several brokerages have updated their recommendations and price targets on shares of GVC (LON: GVC) in the last few weeks:

  • 8/2/2019 – GVC had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 7/18/2019 – GVC had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 7/17/2019 – GVC had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 7/15/2019 – GVC had its “overweight” rating reaffirmed by analysts at Morgan Stanley.
  • 7/15/2019 – GVC had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 7/12/2019 – GVC had its “buy” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 1,130 ($14.77) price target on the stock.
  • 7/12/2019 – GVC had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 7/8/2019 – GVC had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 7/2/2019 – GVC is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a GBX 910 ($11.89) price target on the stock.
  • 7/1/2019 – GVC had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a GBX 1,100 ($14.37) price target on the stock.
  • 6/20/2019 – GVC had its “overweight” rating reaffirmed by analysts at Morgan Stanley.
  • 6/12/2019 – GVC had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 961 ($12.56) price target on the stock.

Shares of GVC stock traded down GBX 16.40 ($0.21) during mid-day trading on Monday, reaching GBX 562.20 ($7.35). The stock had a trading volume of 9,006,614 shares, compared to its average volume of 2,260,000. The company has a 50-day moving average price of GBX 627.97. GVC Holdings PLC has a 52-week low of GBX 504 ($6.59) and a 52-week high of GBX 1,151 ($15.04). The company has a market capitalization of $3.27 billion and a price-to-earnings ratio of -46.08. 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 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.

Further Reading: How to use beta for portfolio diversification

Receive News & Ratings for GVC Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GVC Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.