Gambling.com Group (NASDAQ:GAMB) Given “Buy” Rating at Benchmark

Benchmark reaffirmed their buy rating on shares of Gambling.com Group (NASDAQ:GAMB) in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a $18.00 target price on the stock.

GAMB has been the subject of a number of other research reports. Craig Hallum boosted their price target on Gambling.com Group from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Stifel Nicolaus upped their price objective on shares of Gambling.com Group from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Macquarie increased their target price on shares of Gambling.com Group from $14.00 to $16.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Truist Financial restated a “buy” rating and set a $16.00 price target (up from $13.00) on shares of Gambling.com Group in a research report on Friday, November 15th. Finally, Jefferies Financial Group increased their price objective on shares of Gambling.com Group from $20.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $16.88.

Gambling.com Group Stock Performance

GAMB opened at $15.85 on Thursday. Gambling.com Group has a twelve month low of $7.51 and a twelve month high of $17.14. The stock has a market cap of $589.94 million, a PE ratio of 20.32 and a beta of 0.99. The business’s 50 day moving average is $14.77 and its 200-day moving average is $12.03. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20.

Hedge Funds Weigh In On Gambling.com Group

Several hedge funds have recently made changes to their positions in GAMB. Public Employees Retirement System of Ohio bought a new stake in Gambling.com Group during the fourth quarter worth approximately $197,000. AWM Investment Company Inc. increased its holdings in shares of Gambling.com Group by 9.8% in the fourth quarter. AWM Investment Company Inc. now owns 1,517,259 shares of the company’s stock valued at $21,363,000 after buying an additional 135,000 shares in the last quarter. PharVision Advisers LLC acquired a new stake in shares of Gambling.com Group during the 4th quarter valued at $544,000. Squarepoint Ops LLC boosted its stake in shares of Gambling.com Group by 95.5% during the 4th quarter. Squarepoint Ops LLC now owns 23,562 shares of the company’s stock worth $332,000 after acquiring an additional 11,508 shares in the last quarter. Finally, State of Wyoming grew its holdings in shares of Gambling.com Group by 134.6% in the 4th quarter. State of Wyoming now owns 25,616 shares of the company’s stock worth $361,000 after acquiring an additional 14,697 shares during the last quarter. Institutional investors and hedge funds own 72.26% of the company’s stock.

Gambling.com Group Company Profile

Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.