Entain Plc (OTCMKTS:GMVHF) Stock Rated “Buy” by Wall Street Brokerages

Shares of Entain Plc (OTCMKTS:GMVHF) have been assigned a consensus recommendation of “Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation.

Several research analysts recently issued reports on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Entain in a research report on Wednesday, July 15th. Citigroup reiterated a “positive” rating on shares of Entain in a research note on Thursday, October 8th. Finally, Susquehanna reiterated a “positive” rating on shares of Entain in a research note on Thursday, August 20th.

Entain Price Performance

Entain stock opened at $6.09 on Friday. Entain has a 1-year low of $5.30 and a 1-year high of $11.71. The business has a fifty day moving average price of $6.79 and a 200-day moving average price of $7.31.

Entain Company Profile

Entain plc is an international sports-betting and gaming company that operates in regulated markets worldwide. Its business includes online and retail sports wagering, casino games, poker, bingo and other interactive entertainment products delivered through digital platforms and, in some markets, retail betting locations.

The company operates a portfolio of brands, including bwin, Coral, Ladbrokes, PartyPoker and Sportingbet. Entain also owns a 50% stake in BetMGM, a joint venture with MGM Resorts International that provides online sports betting and iGaming services in eligible jurisdictions across the United States and Canada.

Entain was formerly known as GVC Holdings and adopted the Entain name in 2020 as part of a broader focus on regulated markets and technology-led betting and gaming services.