Gambling.com Group Limited (NASDAQ:GRSD) Receives $6.43 Average Price Target from Analysts

Shares of Gambling.com Group Limited (NASDAQ:GRSDGet Free Report) have been given a consensus rating of “Moderate Buy” by the nine analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $6.4286.

A number of research analysts have weighed in on the stock. Benchmark reaffirmed a “speculative buy” rating and issued a $4.00 price target (down from $6.00) on shares of Gambling.com Group in a research note on Friday, May 15th. Truist Financial reduced their price objective on shares of Gambling.com Group from $5.00 to $3.00 and set a “hold” rating for the company in a research note on Monday, July 20th. Weiss Ratings restated a “sell (d)” rating on shares of Gambling.com Group in a report on Wednesday, June 17th. Wall Street Zen raised Gambling.com Group from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Zacks Research upgraded Gambling.com Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 25th.

Get Our Latest Stock Analysis on Gambling.com Group

Institutional Investors Weigh In On Gambling.com Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in shares of Gambling.com Group by 0.9% in the second quarter. Geode Capital Management LLC now owns 215,084 shares of the company’s stock valued at $2,557,000 after acquiring an additional 1,822 shares during the period. Aristides Capital LLC raised its stake in Gambling.com Group by 9.0% in the 4th quarter. Aristides Capital LLC now owns 35,900 shares of the company’s stock worth $196,000 after purchasing an additional 2,961 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Gambling.com Group by 653.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,254 shares of the company’s stock worth $62,000 after purchasing an additional 4,557 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Gambling.com Group by 15.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 48,419 shares of the company’s stock valued at $264,000 after purchasing an additional 6,655 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Gambling.com Group by 24.2% in the 1st quarter. Bank of New York Mellon Corp now owns 44,795 shares of the company’s stock valued at $174,000 after purchasing an additional 8,737 shares during the period. Institutional investors own 72.26% of the company’s stock.

Gambling.com Group Stock Performance

GRSD stock opened at $1.90 on Monday. The firm has a market cap of $66.69 million, a PE ratio of -1.83 and a beta of 0.62. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.10. The business’s 50-day moving average price is $1.90 and its two-hundred day moving average price is $2.90. Gambling.com Group has a 1-year low of $1.62 and a 1-year high of $8.59.

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.

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

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