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 six ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

GMVHF has been the topic of a number of recent analyst reports. BNP Paribas Exane started coverage on Entain in a research report on Thursday, May 14th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Entain in a report on Friday, May 15th.

Entain Trading Down 1.1%

Shares of Entain stock opened at $7.22 on Friday. Entain has a fifty-two week low of $6.74 and a fifty-two week high of $13.88. The firm has a 50-day simple moving average of $7.51 and a two-hundred day simple moving average of $8.21.

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.