Entain Plc (OTCMKTS:GMVHF) Receives Consensus Rating of “Buy” from Brokerages

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

A number of research firms recently commented on GMVHF. Susquehanna reiterated a “positive” rating on shares of Entain in a report on Thursday, August 20th. BNP Paribas Exane initiated coverage on Entain in a research report on Thursday, May 14th. They issued an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Entain in a research report on Friday, May 15th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Entain in a report on Wednesday, July 15th.

Entain Stock Down 1.7%

Shares of GMVHF stock opened at $7.46 on Friday. The firm’s 50-day moving average is $7.49 and its 200-day moving average is $7.65. Entain has a 52-week low of $6.74 and a 52-week high of $12.46.

About Entain

Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.

Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.