Benchmark Issues Positive Forecast for Gambling.com Group (NASDAQ:GAMB) Stock Price

Gambling.com Group (NASDAQ:GAMB) had its price target boosted by Benchmark from $16.00 to $18.00 in a research report report published on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also recently weighed in on GAMB. Craig Hallum boosted their price target on shares of Gambling.com Group from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Jefferies Financial Group boosted their target price on shares of Gambling.com Group from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. BTIG Research boosted their target price on shares of Gambling.com Group from $13.00 to $19.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Macquarie boosted their target price on shares of Gambling.com Group from $14.00 to $16.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Truist Financial reiterated a “buy” rating and issued a $16.00 target price (up from $13.00) on shares of Gambling.com Group in a research note on Friday, November 15th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $16.88.

Gambling.com Group Trading Down 0.8 %

NASDAQ:GAMB opened at $15.86 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50-day moving average of $14.38 and a 200-day moving average of $11.73. The company has a market cap of $590.31 million, a PE ratio of 20.33 and a beta of 0.99. Gambling.com Group has a one year low of $7.51 and a one year high of $16.78.

Hedge Funds Weigh In On Gambling.com Group

A number of institutional investors have recently made changes to their positions in GAMB. Barclays PLC boosted its stake in shares of Gambling.com Group by 94.0% in the 3rd quarter. Barclays PLC now owns 38,494 shares of the company’s stock valued at $385,000 after purchasing an additional 18,656 shares in the last quarter. Gagnon Securities LLC bought a new stake in Gambling.com Group in the 4th quarter worth $317,000. State Street Corp grew its holdings in Gambling.com Group by 4.2% in the 3rd quarter. State Street Corp now owns 194,120 shares of the company’s stock worth $1,945,000 after acquiring an additional 7,806 shares during the last quarter. SG Americas Securities LLC bought a new stake in Gambling.com Group in the 4th quarter worth $163,000. Finally, MetLife Investment Management LLC grew its holdings in Gambling.com Group by 111.2% in the 3rd quarter. MetLife Investment Management LLC now owns 12,384 shares of the company’s stock worth $124,000 after acquiring an additional 6,519 shares during the last quarter. Institutional investors own 72.26% of the company’s stock.

Gambling.com Group Company Profile

Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.