A report released today by Liberum Capital about GVC Holdings Plc (LON:GVC) ups the target price to 825.00GBX
- Updated: September 22, 2016
Just yesterday GVC Holdings Plc (LON:GVC) traded -0.27% lower at 747.25GBX. GVC Holdings Plc’s 50-day moving average is 707.57GBX and its 200-day moving average is 595.77GBX. The last stock price is up 26.31% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 104,079 shares of GVC traded hands, down from an average trading volume of 1,758,060
In a report released on 9/23/2016 Liberum Capital increased the stock price target of GVC Holdings Plc (LON:GVC) from 738.00GBX to 825.00GBX reporting a possible upside of 0.10%.
Previously on 9/20/2016, Canaccord Genuity released a statement about GVC Holdings Plc (LON:GVC) increased the target price from 720.00GBX to 755.00GBX. At the time, this indicated a possible upside of 0.00%.
Recent Performance Chart
GVC Holdings Plc has 52 week low of 368.00GBX and a 52 week high of 1,180.47GBX with a PE ratio of 17.50 and has a market capitalization of 0 GBX.
In addition to Liberum Capital reporting its stock price target, a total of 4 brokerages have issued a ratings update on the company. The average stock price target is 8.49GBX with 3 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On GVC Holdings Plc (LON:GVC)
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. Its Sports segment includes gains and losses in respect of bets placed on sporting events in a year. Its Gaming segment includes net win in respect of bets placed on casino, poker and bingo, along with deposit charges debited to customer accounts. Its brands include CasinoClub, Betboo, partycasino and Sportingbet. Casinoclub offers an equivalent system in which only its own customers participate. Betboo provides online bingo, Sportsbook, casino and poker access to South American customers. Sportingbet provides sports betting, casinos, games and poker on line and on mobile. partycasino offers online casinos, with approximately 180 mobile games and various casino games.
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