GVC Holdings PLC (GVC) PT Raised to GBX 1,010

GVC Holdings PLC (LON:GVC) had its price target upped by Canaccord Genuity from GBX 925 ($12.17) to GBX 1,010 ($13.28) in a report issued on Friday, November 3rd. Canaccord Genuity currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the stock. Deutsche Bank AG increased their target price on shares of GVC Holdings PLC from GBX 870 ($11.44) to GBX 985 ($12.96) and gave the stock a buy rating in a report on Tuesday, September 19th. Numis Securities Ltd reiterated a buy rating and set a GBX 985 ($12.96) target price on shares of GVC Holdings PLC in a report on Thursday, September 14th. Berenberg Bank reiterated a buy rating and set a GBX 920 ($12.10) target price on shares of GVC Holdings PLC in a report on Friday, September 1st. Investec restated a buy rating and issued a GBX 820 ($10.79) price target on shares of GVC Holdings PLC in a report on Thursday, July 6th. Finally, Peel Hunt restated a buy rating and issued a GBX 1,000 ($13.15) price target on shares of GVC Holdings PLC in a report on Thursday, July 6th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 912.64 ($12.00).

GVC Holdings PLC (GVC) traded up £911.22 ($1,198.49) during mid-day trading on Friday, reaching £920.50 ($1,210.71). 933,700 shares of the company traded hands, compared to its average volume of 1,410,000. GVC Holdings PLC has a 52 week low of GBX 586 ($7.71) and a 52 week high of GBX 962 ($12.65).

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In related news, insider Lee Feldman sold 488,782 shares of GVC Holdings PLC stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of GBX 903 ($11.88), for a total value of £4,413,701.46 ($5,805,210.39). Also, insider Norbert Teufelberger sold 400,000 shares of GVC Holdings PLC stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of GBX 952 ($12.52), for a total transaction of £3,808,000 ($5,008,549.26). Insiders sold a total of 1,331,639 shares of company stock valued at $1,194,315,059 over the last quarter.

About GVC Holdings PLC

GVC Holdings PLC is a sports betting and gaming company. The Company operates under various brands in the gaming sector, including bwin, sporting bet and Foxy Bingo. It also provides online gaming services on a business-to-business basis to the third party operators. Its segments include Sports and Gaming.

Analyst Recommendations for GVC Holdings PLC (LON:GVC)

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