GVC Holdings PLC (GVC) Hits New 52-Week High at $866.50

Shares of GVC Holdings PLC (LON:GVC) reached a new 52-week high on Tuesday . The stock traded as high as GBX 866.50 ($11.39) and last traded at GBX 853.50 ($11.22), with a volume of 660,376 shares trading hands. The stock had previously closed at GBX 859.50 ($11.30).

Several research firms have weighed in on GVC. Deutsche Bank AG reiterated a “buy” rating and set a GBX 870 ($11.44) target price on shares of GVC Holdings PLC in a research note on Friday, September 1st. Peel Hunt reiterated a “buy” rating and set a GBX 1,000 ($13.15) target price on shares of GVC Holdings PLC in a research note on Thursday, July 6th. Berenberg Bank reiterated a “buy” rating and set a GBX 920 ($12.10) target price on shares of GVC Holdings PLC in a research note on Friday, September 1st. Canaccord Genuity boosted their target price on shares of GVC Holdings PLC from GBX 850 ($11.18) to GBX 925 ($12.16) and gave the company a “buy” rating in a research note on Friday, September 15th. Finally, Investec reiterated a “buy” rating and set a GBX 820 ($10.78) target price on shares of GVC Holdings PLC in a research note on Thursday, July 6th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 893.22 ($11.74).

The stock’s market capitalization is GBX 2.53 billion. The company has a 50-day moving average of GBX 810.08 and a 200-day moving average of GBX 774.18.

The company also recently announced a dividend, which will be paid on Thursday, October 19th. Investors of record on Thursday, September 21st will be given a €0.17 ($0.19) dividend. The ex-dividend date of this dividend is Thursday, September 21st. This represents a yield of 1.73%.

In other GVC Holdings PLC news, insider Norbert Teufelberger sold 142,857 shares of GVC Holdings PLC stock in a transaction on Thursday, September 14th. The stock was sold at an average price of GBX 831 ($10.93), for a total transaction of £1,187,141.67 ($1,560,796.31). Over the las

Several research firms have weighed in on GVC. Deutsche Bank AG reiterated a “buy” rating and set a GBX 870 ($11.44) target price on shares of GVC Holdings PLC in a research note on Friday, September 1st. Peel Hunt reiterated a “buy” rating and set a GBX 1,000 ($13.15) target price on shares of GVC Holdings PLC in a research note on Thursday, July 6th. Berenberg Bank reiterated a “buy” rating and set a GBX 920 ($12.10) target price on shares of GVC Holdings PLC in a research note on Friday, September 1st. Canaccord Genuity boosted their target price on shares of GVC Holdings PLC from GBX 850 ($11.18) to GBX 925 ($12.16) and gave the company a “buy” rating in a research note on Friday, September 15th. Finally, Investec reiterated a “buy” rating and set a GBX 820 ($10.78) target price on shares of GVC Holdings PLC in a research note on Thursday, July 6th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 893.22 ($11.74).

The stock’s market capitalization is GBX 2.53 billion. The company has a 50-day moving average of GBX 810.08 and a 200-day moving average of GBX 774.18.

The company also recently announced a dividend, which will be paid on Thursday, October 19th. Investors of record on Thursday, September 21st will be given a €0.17 ($0.19) dividend. The ex-dividend date of this dividend is Thursday, September 21st. This represents a yield of 1.73%.

In other GVC Holdings PLC news, insider Norbert Teufelberger sold 142,857 shares of GVC Holdings PLC stock in a transaction on Thursday, September 14th. The stock was sold at an average price of GBX 831 ($10.93), for a total transaction of £1,187,141.67 ($1,560,796.31). Over the last ninety days, insiders sold 442,857 shares of company stock valued at $372,144,913.

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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.

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