Peel Hunt Reaffirms Buy Rating for GVC (LON:GVC)
Peel Hunt reiterated their buy rating on shares of GVC (LON:GVC) in a research report released on Monday, ThisIsMoney.Co.Uk reports.
A number of other research firms have also issued reports on GVC. Shore Capital reiterated a house stock rating on shares of A.G. Barr in a report on Thursday, May 16th. Deutsche Bank reissued a hold rating on shares of United Parcel Service in a research report on Tuesday, July 2nd. Berenberg Bank set a €54.00 ($62.79) price objective on shares of 1&1 Drillisch and gave the company a buy rating in a research report on Thursday, May 16th. Numis Securities reaffirmed an add rating and issued a GBX 530 ($6.93) target price on shares of in a research report on Wednesday, June 12th. Finally, Jefferies Financial Group dropped their target price on shares of Seres Therapeutics from $6.00 to $4.00 and set a hold rating on the stock in a research report on Monday, July 1st. Twelve investment analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus target price of GBX 1,094.60 ($14.30).
LON:GVC opened at GBX 600 ($7.84) on Monday. The company has a quick ratio of 0.65, a current ratio of 0.76 and a debt-to-equity ratio of 64.09. The firm has a market cap of $3.49 billion and a price-to-earnings ratio of -49.18. The company has a 50-day moving average price of GBX 625.42. GVC has a 1-year low of GBX 504 ($6.59) and a 1-year high of GBX 1,184 ($15.47).
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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