Fintel reports that on May 19, 2023, Jefferies maintained coverage of Gambling.com Group (NASDAQ:GAMB) with a Buy recommendation.
Analyst Price Forecast Suggests 37.91% Upside
As of May 11, 2023, the average one-year price target for Gambling.com Group is 13.52. The forecasts range from a low of 12.12 to a high of $15.75. The average price target represents an increase of 37.91% from its latest reported closing price of 9.80.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Gambling.com Group is 96MM, an increase of 14.83%. The projected annual non-GAAP EPS is 0.58.
What is the Fund Sentiment?
There are 116 funds or institutions reporting positions in Gambling.com Group. This is an increase of 4 owner(s) or 3.57% in the last quarter. Average portfolio weight of all funds dedicated to GAMB is 0.14%, an increase of 4.40%. Total shares owned by institutions increased in the last three months by 30.56% to 5,948K shares.
© Provided by Fintel GAMB / Gambling.com Group Ltd Put/Call Ratios
The put/call ratio of GAMB is 0.16, indicating a bullish outlook.
What are Other Shareholders Doing?
© Provided by Fintel GAMB / Gambling.com Group Ltd Shares Held by Institutions
G2 Investment Partners Management holds 1,896K shares representing 5.20% ownership of the company. In it’s prior filing, the firm reported owning 1,795K shares, representing an increase of 5.35%. The firm increased its portfolio allocation in GAMB by 8.39% over the last quarter.
Stanley-Laman Group holds 1,357K shares representing 3.72% ownership of the company.
Kamunting Street Capital Management holds 194K shares representing 0.53% ownership of the company. In it’s prior filing, the firm reported owning 193K shares, representing an increase of 0.58%. The firm decreased its portfolio allocation in GAMB by 12.31% over the last quarter.
Teton Advisors holds 181K shares representing 0.50% ownership of the company. No change in the last quarter.
WMMAX – Teton Westwood Mighty Mites Fund holds 181K shares representing 0.50% ownership of the company. In it’s prior filing, the firm reported owning 194K shares, representing a decrease of 7.25%. The firm increased its portfolio allocation in GAMB by 15.92% over the last quarter.
This story originally appeared on Fintel.