Entain Plc (OTCMKTS:GMVHF) Given Average Rating of “Buy” by Brokerages

Entain Plc (OTCMKTS:GMVHF) has received a consensus recommendation of “Buy” from the five brokerages that are currently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating.

Several equities analysts have weighed in on GMVHF shares. BNP Paribas Exane started coverage on Entain in a research note on Thursday, May 14th. They issued an “outperform” rating on the stock. Morgan Stanley restated an “overweight” rating on shares of Entain in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Entain in a research note on Friday, May 15th.

Entain Stock Up 5.5%

Shares of Entain stock opened at $7.76 on Tuesday. Entain has a 12 month low of $6.74 and a 12 month high of $13.88. The business has a fifty day simple moving average of $7.54 and a 200 day simple moving average of $7.93.

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.