Entain Plc (OTCMKTS:GMVHF) Stock Now Rated “Buy” by Sell-Side Analysts

Shares of Entain Plc (OTCMKTS:GMVHF) have been given an average recommendation of “Buy” by the six brokerages that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating.

A number of brokerages have recently commented on GMVHF. Morgan Stanley restated an “overweight” rating on shares of Entain in a research note on Wednesday, July 15th. Susquehanna reiterated a “positive” rating on shares of Entain in a research report on Thursday, August 20th. Finally, Citigroup reissued a “positive” rating on shares of Entain in a report on Thursday, October 8th.

Entain Price Performance

OTCMKTS GMVHF opened at $5.87 on Friday. The stock’s fifty day moving average price is $6.73 and its 200 day moving average price is $7.29. Entain has a 1 year low of $5.30 and a 1 year high of $11.71.

About Entain

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.