Entain Plc (OTCMKTS:GMVHF) Receives Average Rating of “Moderate Buy” from Analysts

Entain Plc (OTCMKTS:GMVHF) has received an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company.

A number of equities research analysts recently issued reports on the stock. HSBC upgraded shares of Entain from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Citigroup reaffirmed a “buy” rating on shares of Entain in a report on Wednesday, October 22nd.

Entain Price Performance

Shares of OTCMKTS GMVHF opened at $8.30 on Wednesday. The business has a fifty day moving average of $9.99 and a two-hundred day moving average of $11.14. Entain has a 52-week low of $6.04 and a 52-week high of $13.88.

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.