Entain Plc (OTCMKTS:GMVHF) Receives Average Recommendation of “Buy” from Brokerages

Entain Plc (OTCMKTS:GMVHF) has been assigned a consensus recommendation of “Buy” from the six research firms that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy rating.

A number of brokerages recently issued reports on GMVHF. Susquehanna reissued a “positive” rating on shares of Entain in a report on Thursday, August 20th. BNP Paribas Exane started coverage on shares of Entain in a research note on Thursday, May 14th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Entain in a report on Friday, May 15th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Entain in a research note on Wednesday, July 15th.

Entain Stock Up 1.9%

Shares of GMVHF opened at $6.99 on Friday. Entain has a 52-week low of $6.74 and a 52-week high of $12.46. The stock has a fifty day simple moving average of $7.49 and a two-hundred day simple moving average of $7.64.

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.