Gambling.com Group Limited (NASDAQ:GAMB – Get Free Report) has been given a consensus rating of “Buy” by the eight research firms that are presently covering the firm, Marketbeat.com reports. Eight analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $16.88.
GAMB has been the subject of several research reports. Truist Financial restated a “buy” rating and issued a $16.00 price target (up previously from $13.00) on shares of Gambling.com Group in a research note on Friday, November 15th. BTIG Research boosted their price target on shares of Gambling.com Group from $13.00 to $19.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Macquarie boosted their price target on shares of Gambling.com Group from $14.00 to $16.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Jefferies Financial Group boosted their target price on shares of Gambling.com Group from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Finally, Craig Hallum boosted their target price on shares of Gambling.com Group from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, December 13th.
Get Our Latest Analysis on Gambling.com Group
Gambling.com Group Stock Up 0.1 %
Shares of NASDAQ GAMB opened at $14.22 on Wednesday. The firm has a market cap of $529.31 million, a price-to-earnings ratio of 18.23 and a beta of 0.99. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. Gambling.com Group has a 52-week low of $7.51 and a 52-week high of $17.14. The business’s 50 day moving average is $14.67 and its two-hundred day moving average is $12.26.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in GAMB. Global Retirement Partners LLC raised its holdings in Gambling.com Group by 1,613.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,971 shares of the company’s stock worth $28,000 after purchasing an additional 1,856 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Gambling.com Group by 1,968.4% during the fourth quarter. Russell Investments Group Ltd. now owns 2,420 shares of the company’s stock worth $34,000 after purchasing an additional 2,303 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Gambling.com Group by 481.8% during the fourth quarter. Quadrant Capital Group LLC now owns 2,461 shares of the company’s stock worth $35,000 after purchasing an additional 2,038 shares in the last quarter. IFP Advisors Inc purchased a new position in Gambling.com Group during the fourth quarter worth about $49,000. Finally, MetLife Investment Management LLC raised its holdings in Gambling.com Group by 111.2% during the third quarter. MetLife Investment Management LLC now owns 12,384 shares of the company’s stock worth $124,000 after purchasing an additional 6,519 shares in the last quarter. 72.26% of the stock is owned by hedge funds and other institutional investors.
About Gambling.com Group
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.
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