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Gambling.com Group Limited (NASDAQ:GAMB) Given Average Recommendation of "Moderate Buy" by Brokerages

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Key Points

  • Analyst consensus: Nine brokerages give Gambling.com an average rating of "Moderate Buy" (1 sell, 3 hold, 4 buy, 1 strong buy) with a 12‑month average price target of $9.07.
  • Valuation and trading: The stock opened at $4.23 (12‑month range $4.07–$14.95) with a market cap of $151M and a high PE of 84.6, while liquidity appears weak (current and quick ratios of 0.46).
  • Institutional interest: Institutions own 72.26% of the shares, and several funds recently boosted or initiated positions—most notably large percentage increases from SBI Securities, Tower Research and additional buying by Deutsche Bank.
  • MarketBeat previews top five stocks to own in May.

Shares of Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report) have been given an average rating of "Moderate Buy" by the nine ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $9.0714.

Several research firms have issued reports on GAMB. Stifel Nicolaus reaffirmed a "buy" rating and set a $12.00 price target (down from $15.00) on shares of Gambling.com Group in a research report on Friday, November 14th. Macquarie Infrastructure decreased their price objective on shares of Gambling.com Group from $14.00 to $9.00 and set an "outperform" rating for the company in a research report on Friday, November 14th. BTIG Research restated a "neutral" rating on shares of Gambling.com Group in a research note on Friday, November 14th. Loop Capital set a $8.50 target price on shares of Gambling.com Group in a report on Tuesday, December 30th. Finally, Truist Financial cut their target price on shares of Gambling.com Group from $9.00 to $7.00 and set a "hold" rating for the company in a research note on Friday, November 14th.

Check Out Our Latest Stock Report on Gambling.com Group

Gambling.com Group Trading Down 3.6%

NASDAQ GAMB opened at $4.23 on Friday. Gambling.com Group has a 12 month low of $4.07 and a 12 month high of $14.95. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.58. The stock has a 50 day moving average of $4.73 and a 200-day moving average of $6.20. The company has a market cap of $151.05 million, a PE ratio of 84.62 and a beta of 0.88.

Institutional Trading of Gambling.com Group

Hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. boosted its stake in shares of Gambling.com Group by 21,963.6% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,427 shares of the company's stock worth $29,000 after acquiring an additional 2,416 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Gambling.com Group by 653.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,254 shares of the company's stock valued at $62,000 after purchasing an additional 4,557 shares during the last quarter. Corsair Capital Management L.P. bought a new position in Gambling.com Group during the second quarter worth $119,000. SG Americas Securities LLC bought a new position in Gambling.com Group during the fourth quarter worth $65,000. Finally, Deutsche Bank AG increased its holdings in shares of Gambling.com Group by 3,262.2% in the fourth quarter. Deutsche Bank AG now owns 12,978 shares of the company's stock valued at $71,000 after purchasing an additional 12,592 shares during the last quarter. 72.26% of the stock is owned by institutional investors and hedge funds.

Gambling.com Group Company Profile

(Get Free Report)

Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.

The group's service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.

Further Reading

Analyst Recommendations for Gambling.com Group (NASDAQ:GAMB)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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