Weekly Research Analysts’ Ratings Changes for GVC (GVC)

GVC (LON: GVC) recently received a number of ratings updates from brokerages and research firms:

  • 10/29/2018 – GVC had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 1,250 ($16.33) price target on the stock.
  • 10/23/2018 – GVC was upgraded by analysts at Credit Suisse Group AG to an “outperform” rating.
  • 10/17/2018 – GVC had its price target raised by analysts at HSBC Holdings plc from GBX 1,135 ($14.83) to GBX 1,285 ($16.79). They now have a “buy” rating on the stock.
  • 10/12/2018 – GVC had its price target lowered by analysts at Berenberg Bank from GBX 1,400 ($18.29) to GBX 1,350 ($17.64). They now have a “buy” rating on the stock.
  • 10/3/2018 – GVC had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 9/17/2018 – GVC had its price target lowered by analysts at Barclays PLC from GBX 1,210 ($15.81) to GBX 1,187 ($15.51). They now have an “overweight” rating on the stock.
  • 9/13/2018 – GVC had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 1,375 ($17.97) price target on the stock.
  • 9/13/2018 – GVC had its “buy” rating reaffirmed by analysts at Numis Securities Ltd.
  • 9/13/2018 – GVC had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 9/10/2018 – GVC had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 8/31/2018 – GVC had its “overweight” rating reaffirmed by analysts at Barclays PLC.

LON:GVC traded up GBX 34.50 ($0.45) during trading hours on Monday, hitting GBX 900 ($11.76). 967,307 shares of the company were exchanged, compared to its average volume of 2,260,000. GVC Holdings PLC has a one year low of GBX 705.50 ($9.22) and a one year high of GBX 996 ($13.01).

The business also recently announced a dividend, which was paid on Thursday, October 25th. Investors of record on Thursday, September 20th were given a dividend of GBX 16 ($0.21) per share. This is a positive change from GVC’s previous dividend of $0.18. This represents a yield of 1.51%. The ex-dividend date was Thursday, September 20th.



In related news, insider Lee Feldman sold 732,382 shares of the firm’s stock in a transaction on Thursday, September 27th. The stock was sold at an average price of GBX 954 ($12.47), for a total transaction of £6,986,924.28 ($9,129,654.10).

GVC Holdings PLC, together with its subsidiaries, operates as an online gaming company in Germany, the United Kingdom, rest of Europe, and internationally. It operates through Sports Labels, Games Labels, B2B, and Non-Core segments. The company provides online betting, casino, poker, and bingo services through mobile and web under the Bwin brand; 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.

Read More: Outstanding Shares, Buying and Selling Stocks

Receive News & Ratings for GVC Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GVC Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply