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

Entain Plc (OTCMKTS:GMVHF) has received a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating.

GMVHF has been the subject of several research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Entain in a research report on Wednesday, July 15th. BNP Paribas Exane assumed coverage on Entain in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Entain in a report on Friday, May 15th. Finally, Susquehanna reaffirmed a “positive” rating on shares of Entain in a report on Thursday.

Entain Price Performance

Shares of GMVHF stock opened at $7.50 on Friday. The company’s fifty day simple moving average is $7.52 and its 200-day simple moving average is $7.68. Entain has a 52 week low of $6.74 and a 52 week high of $12.46.

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.