GVC Holdings PLC (GVC) Reaches New 12-Month High at $954.00

GVC Holdings PLC (LON:GVC) hit a new 52-week high on Wednesday . The company traded as high as GBX 954 ($12.59) and last traded at GBX 947 ($12.50), with a volume of 1,386,837 shares trading hands. The stock had previously closed at GBX 937.50 ($12.37).

A number of equities research analysts recently weighed in on the stock. Numis Securities Ltd reissued a “buy” rating and issued a GBX 985 ($13.00) price target on shares of GVC Holdings PLC in a research report on Thursday, September 14th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,000 ($13.20) target price on shares of GVC Holdings PLC in a report on Thursday, July 6th. Deutsche Bank AG upped their target price on shares of GVC Holdings PLC from GBX 870 ($11.48) to GBX 985 ($13.00) and gave the company a “buy” rating in a report on Tuesday, September 19th. Canaccord Genuity increased their price target on shares of GVC Holdings PLC from GBX 850 ($11.22) to GBX 925 ($12.21) and gave the stock a “buy” rating in a report on Friday, September 15th. Finally, Investec reissued a “buy” rating and set a GBX 820 ($10.82) price target on shares of GVC Holdings PLC in a report on Thursday, July 6th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 890.40 ($11.75).

The company’s 50-day moving average is GBX 871.12 and its 200-day moving average is GBX 794.53. The firm’s market capitalization is GBX 2.80 billion.

The firm also recently declared a dividend, which was paid on Thursday, October 19th. Shareholders of record on Thursday, September 21st were issued a €0.17 ($0.19) dividend. This represents a yield of 1.73%. The ex-dividend date of this dividend was Thursday, September 21st.

In related news, insider Norbert Teufelberger sold 142,857 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of GBX 831 ($10.97), for a total transaction of £1,187,141.67 ($1,566,563.30). In the last quarter, insiders have sold 442,857 shares of company stock worth $372,144,913.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & international copyright law. The correct version of this piece of content can be read at https://sportsperspectives.com/2017/11/01/gvc-holdings-plc-gvc-reaches-new-12-month-high-at-954-00.html.

GVC Holdings PLC Company Profile

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.

Receive News & Ratings for GVC Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GVC Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply