Brokerages Set Gambling.com Group Limited (NASDAQ:GAMB) Price Target at $15.00

Gambling.com Group Limited (NASDAQ:GAMB) has been given an average rating of “Buy” by the five analysts that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $15.00.

GAMB has been the topic of a number of research analyst reports. Stifel Nicolaus increased their price objective on shares of Gambling.com Group from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Truist Financial restated a “buy” rating and issued a $16.00 price target (up from $13.00) on shares of Gambling.com Group in a report on Friday, November 15th. Macquarie upped their target price 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. Finally, Craig Hallum increased their target price on shares of Gambling.com Group from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 15th.

Gambling.com Group Trading Up 3.1 %

NASDAQ GAMB opened at $12.91 on Monday. The stock has a market cap of $480.55 million, a price-to-earnings ratio of 16.55 and a beta of 0.86. Gambling.com Group has a twelve month low of $7.51 and a twelve month high of $13.08. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s 50 day moving average price is $10.15 and its two-hundred day moving average price is $9.27.

Institutional Trading of Gambling.com Group

Several institutional investors have recently added to or reduced their stakes in the stock. Clearbridge Investments LLC raised its holdings in shares of Gambling.com Group by 10.4% in the 1st quarter. Clearbridge Investments LLC now owns 972,250 shares of the company’s stock worth $8,877,000 after purchasing an additional 91,799 shares during the period. Yarra Square Partners LP increased its position in Gambling.com Group by 27.2% in the 2nd quarter. Yarra Square Partners LP now owns 312,981 shares of the company’s stock worth $2,573,000 after purchasing an additional 67,000 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Gambling.com Group by 4.2% during the 2nd quarter. Renaissance Technologies LLC now owns 298,800 shares of the company’s stock worth $2,456,000 after buying an additional 12,000 shares during the period. American Century Companies Inc. raised its holdings in Gambling.com Group by 38.0% in the 2nd quarter. American Century Companies Inc. now owns 15,523 shares of the company’s stock valued at $128,000 after acquiring an additional 4,276 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Gambling.com Group by 13.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 398,016 shares of the company’s stock worth $3,272,000 after buying an additional 47,843 shares during the period. Institutional investors and hedge funds own 72.26% of the company’s stock.

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.