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Home / Momentum / GVC Holdings PLC (GVC.L) 09-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

GVC Holdings PLC (GVC.L) 09-01-20

Will shares in GVC Holdings PLC (GVC.L) continue to rally, setting new recent highs?

 

  • Now trading at 930.32p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +83% from 12 month lows.

Latest News

04 Nov:  GVS, the sports-betting and gaming company, announced that Barry Gibson would replace Lee Feldman as chairman.  Feldman would leave his role on 27 February, having been chairman for 11 years.

29 Oct:  Barclays Capital reiterates its overweight rating on GVC Holdings  Plc (GVC) and increased the target price to 1050p (from 913p).

28 Oct:  HSBC reiterates its buy rating on GVC Holdings  Plc (GVC) and increased the target price to 1070p (from 910p).

28 Oct:  RBC Capital Markets today initiates coverage of GVC Holdings  Plc (GVC) with a outperform rating and target price of 1060p.

11 Oct:  JP Morgan Cazenove today initiates coverage of GVC Holdings  Plc (GVC) with a overweight rating and target price of 1040p.

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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