Canaccord Genuity announced GVC Holdings Plc (LON:GVC), boosting its stock price target to 755.00GBX today
- Updated: September 19, 2016
Canaccord Genuity bumped the estimated target of GVC Holdings Plc (LON:GVC) to 755GBX, reporting a possible upside of 0.00%.
On 9/13/2016, Berenberg released a statement on GVC Holdings Plc(LON:GVC) bumped the target price at 760.00GBX that indicated a possible upside of 0.00%.
Yesterday GVC Holdings Plc (LON:GVC) traded 0.35% higher at 753.50GBX. The company’s 50-day average is 699.92GBX and its 200-day average is 591.43GBX. With the last stock close up 21.99% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Trading volume was up over the average, with 2,142,331 shares of GVC changing hands over the typical 1,633,230 shares..
Recent Performance Graphic:
With a market cap of 0.0 GBX, GVC Holdings Plc has a 52 week low of 368.00GBX and a one-year high of 1,180.47GBX with a price-earnings ratio of 17.
Also covering GVC Holdings Plc’s price target, a total of 4 brokers have issued a ratings update on GVC Holdings Plc. The average target stock price is 8.49GBX with three analysts rating the stock a strong buy, one analyst rating the stock a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 brokeragesrating the company as 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, and with approximately 180 mobile games and various casino games.
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