GVC (LON:GVC) Stock Rating Reaffirmed by Morgan Stanley

Morgan Stanley restated their overweight rating on shares of GVC (LON:GVC) in a report released on Thursday, June 20th, Digital Look reports.

Several other brokerages also recently weighed in on GVC. Shore Capital restated a house stock rating on shares of A.G. Barr in a report on Thursday, May 16th. Numis Securities reiterated an add rating and issued a GBX 530 ($6.93) price objective on shares of in a report on Wednesday, June 12th. Berenberg Bank set a €54.00 ($62.79) target price on 1&1 Drillisch and gave the stock a buy rating in a research report on Thursday, May 16th. Peel Hunt reissued a buy rating on shares of Bakkavor Group in a research report on Thursday, May 16th. Finally, Barclays set a $46.00 target price on D. R. Horton and gave the stock a buy rating in a research report on Friday, April 26th. Twelve investment analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average price target of GBX 1,094.60 ($14.30).

Shares of LON:GVC remained flat at $GBX 600 ($7.84) on Thursday. The stock had a trading volume of 8,544,449 shares, compared to its average volume of 2,260,000. GVC has a 1 year low of GBX 504 ($6.59) and a 1 year high of GBX 1,184 ($15.47). The company has a debt-to-equity ratio of 64.09, a current ratio of 0.76 and a quick ratio of 0.65. The firm has a 50 day moving average price of GBX 625.81. The firm has a market cap of $3.49 billion and a P/E 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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