Deutsche Bank Reiterates “Buy” Rating for GVC (LON:GVC)

GVC (LON:GVC)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued on Friday, ThisIsMoney.Co.Uk reports.

GVC has been the topic of several other research reports. Morgan Stanley restated an “overweight” rating on shares of in a research report on Thursday, June 20th. Barclays set a $46.00 price objective on D. R. Horton and gave the stock a “buy” rating in a research report on Friday, April 26th. Numis Securities restated an “add” rating and issued a GBX 530 ($6.93) price objective on shares of in a research report on Wednesday, June 12th. Berenberg Bank set a €54.00 ($62.79) price objective on 1&1 Drillisch and gave the stock a “buy” rating in a research report on Thursday, May 16th. Finally, Shore Capital restated a “house stock” rating on shares of A.G. Barr in a research report on Thursday, May 16th. Twelve equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus price target of GBX 1,094.60 ($14.30).

GVC stock opened at GBX 600 ($7.84) on Friday. The company has a current ratio of 0.76, a quick ratio of 0.65 and a debt-to-equity ratio of 64.09. GVC has a 12 month low of GBX 504 ($6.59) and a 12 month high of GBX 1,184 ($15.47). The stock has a 50 day moving average of GBX 625.81. The stock has a market cap of $3.49 billion and a price-to-earnings ratio of -49.18.

GVC Company Profile

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.

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Analyst Recommendations for GVC (LON:GVC)

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