Shore Capital restated their acquire rating on shares of GVC (LON:GVC) in a study report released on Friday morning, ThisIsMoney.Co.Uk reports.
A quantity of other study firms have also weighed in on GVC. Numis Securities upgraded shares of GVC to a acquire rating and set a GBX 1,098 ($14.35) price tag objective on the stock in a study note on Tuesday, January 8th. Barclays reduce their price tag objective on shares of GVC from GBX 1,180 ($15.42) to GBX 1,083 ($14.15) and set an overweight rating on the stock in a study note on Monday, January 14th. Goldman Sachs Group reduce their price tag objective on shares of GVC from GBX 1,150 ($15.03) to GBX 1,100 ($14.37) and set a acquire rating on the stock in a study note on Monday, January 14th. Berenberg Bank reduce their price tag objective on shares of GVC from GBX 1,300 ($16.99) to GBX 1,100 ($14.37) and set a acquire rating on the stock in a study note on Thursday, January 17th. Lastly, Peel Hunt reiterated a acquire rating on shares of GVC in a study note on Thursday, January 3rd. Thirteen investment analysts have rated the stock with a acquire rating, GVC has an typical rating of Get and an typical price tag target of GBX 1,134.42 ($14.82).
LON:GVC opened at GBX 588 ($7.68) on Friday. The firm has a marketplace capitalization of $three.42 billion and a PE ratio of -48.20. GVC has a 1-year low of GBX 504 ($six.59) and a 1-year higher of GBX 1,184 ($15.47). The corporation has a existing ratio of .76, a swift ratio of .73 and a debt-to-equity ratio of 64.09.
The corporation also lately declared a dividend, which will be paid on Thursday, April 25th. Investors of record on Thursday, March 14th will be provided a dividend of GBX 16 ($.21) per share. The ex-dividend date is Thursday, March 14th. This represents a yield of two.46%. GVC’s dividend payout ratio is presently -two.62%.
In other news, insider Virginia McDowell bought 7,000 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The shares had been purchased at an typical price tag of GBX 543 ($7.10) per share, for a total transaction of £38,10 ($49,666.80). Also, insider Lee Feldman sold 900,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares had been sold at an typical price tag of GBX 666 ($eight.70), for a total transaction of £5,994,000 ($7,832,222.66).
GVC Business Profile
GVC Holdings PLC, with each other with its subsidiaries, operates as an online gaming corporation in Germany, the United Kingdom, rest of Europe, and internationally. It operates via Sports Labels, Games Labels, B2B, and Non-Core segments. The corporation gives online betting, casino, poker, and bingo solutions via mobile and net below the Bwin brand sports betting, casinos, games, and poker via online and mobile below the Sportingbet brand and online bingo, sportsbook, casino, and poker access below the Betboo brand, as properly as operates an online casino Web-site for German-speaking markets below the CasinoClub brand.
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