Berenberg Bank Reiterates Buy Rating for Entain (LON:ENT)

Entain (LON:ENT)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research note issued on Thursday, Marketbeat.com reports. They presently have a GBX 1,000 ($13.27) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 48.85% from the stock’s current price.

Separately, Shore Capital reissued a “buy” rating on shares of Entain in a report on Tuesday.

Entain Trading Up 2.9 %

Shares of ENT stock opened at GBX 671.80 ($8.91) on Thursday. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61. The company has a market capitalization of £4.31 billion, a P/E ratio of -9.16, a P/E/G ratio of 0.92 and a beta of 1.19. Entain has a 12-month low of GBX 452.50 ($6.00) and a 12-month high of GBX 834.20 ($11.07). The firm has a 50-day moving average price of GBX 619 and a 200 day moving average price of GBX 688.55.

Entain Company Profile

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.