Entain Plc (OTCMKTS:GMVHF) Given Consensus Rating of “Moderate Buy” by Analysts

Entain Plc (OTCMKTS:GMVHF) has received an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company.

A number of equities research analysts recently commented on GMVHF shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Entain in a report on Friday. BNP Paribas Exane initiated coverage on Entain in a research note on Thursday. They issued an “outperform” rating on the stock.

Entain Stock Performance

Shares of GMVHF stock opened at $7.34 on Thursday. Entain has a 52 week low of $6.74 and a 52 week high of $13.88. The company’s 50 day moving average price is $7.68 and its two-hundred day moving average price is $8.84.

Entain Company Profile

Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.

Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.