Entain Plc (OTCMKTS:GMVHF) Receives Average Recommendation of “Buy” from Analysts

Shares of Entain Plc (OTCMKTS:GMVHF) have been given an average rating of “Buy” by the six brokerages that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation.

Several analysts recently commented on GMVHF shares. Morgan Stanley restated an “overweight” rating on shares of Entain in a research report on Wednesday, July 15th. Susquehanna reiterated a “positive” rating on shares of Entain in a research report on Thursday, August 20th.

Entain Stock Performance

Shares of OTCMKTS GMVHF opened at $6.62 on Wednesday. The stock has a 50 day simple moving average of $7.36 and a 200-day simple moving average of $7.53. Entain has a 12-month low of $6.29 and a 12-month 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.