Analysts at Canaccord Genuity Didn’t Change their Past ‘Buy’ rating on Shares Gvc Holdings (LON:GVC), Set a GBX 1250.00 PT

July 13, 2018 - By Benjamin Allen

GVC Holdings PLC (LON:GVC) Logo

Gvc Holdings (LON:GVC) Rating Reaffirmed

Canaccord Genuity now has a GBX 1250.00 target price per share on shares of Gvc Holdings (LON:GVC). The target price per share would suggest a potential upside of 13.64 % from the last price of Gvc Holdings (LON:GVC). This rating was revealed to investors in a note on Friday morning.

GVC Holdings PLC (LON:GVC) Ratings Coverage

Among 10 analysts covering GVC Holdings Plc (LON:GVC), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. GVC Holdings Plc has GBX 1370 highest and GBX 871 lowest target. GBX 1155.44’s average target is 5.04% above currents GBX 1100 stock price. GVC Holdings Plc had 25 analyst reports since January 22, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, June 4 by Berenberg. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, March 13. The firm has “Buy” rating given on Tuesday, July 10 by Peel Hunt. Peel Hunt maintained it with “Buy” rating and GBX 1200 target in Friday, January 26 report. The company was maintained on Monday, March 12 by Barclays Capital. On Monday, April 30 the stock rating was maintained by Credit Suisse with “Neutral”. Berenberg maintained the stock with “Buy” rating in Tuesday, May 15 report. The rating was maintained by Peel Hunt with “Buy” on Monday, June 25. The rating was upgraded by HSBC to “Buy” on Monday, June 4. Berenberg maintained the shares of GVC in report on Thursday, March 15 with “Buy” rating.

The stock decreased 0.54% or GBX 6 during the last trading session, reaching GBX 1100. About 1.89M shares traded. GVC Holdings PLC (LON:GVC) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

GVC Holdings PLC, together with its subsidiaries, operates as an online gaming firm in Germany, the United Kingdom, Turkey, and internationally. The company has market cap of 6.36 billion GBP. It operates through five divisions: Sports Labels, Gaming Labels, B2B, Non-core, and Corporate. It currently has negative earnings. The firm offers 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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