Entain Plc (LON:ENT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Entain Plc (LON:ENT) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 1,170.

ENT has been the topic of a number of analyst reports. Shore Capital reiterated a “buy” rating on shares of Entain in a report on Tuesday, August 12th. Citigroup increased their target price on Entain from GBX 1,250 to GBX 1,300 and gave the company a “buy” rating in a report on Thursday, July 24th. Peel Hunt reiterated a “buy” rating and set a GBX 1,100 target price on shares of Entain in a report on Tuesday, July 29th. JPMorgan Chase & Co. increased their price target on Entain from GBX 1,040 to GBX 1,110 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Finally, Berenberg Bank increased their price target on Entain from GBX 1,100 to GBX 1,200 and gave the stock a “buy” rating in a research note on Monday, August 18th.

Entain Stock Performance

ENT opened at GBX 881.15 on Friday. The stock has a market cap of £5.66 billion, a P/E ratio of -12.01, a P/E/G ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 188.61, a current ratio of 0.82 and a quick ratio of 0.74. The stock’s 50 day simple moving average is GBX 928.16 and its 200 day simple moving average is GBX 762.36. Entain has a 1-year low of GBX 452.50 and a 1-year high of GBX 1,031.50.

Insider Buying and Selling at Entain

In related news, insider Ricky Sandler sold 3,242,667 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of GBX 751, for a total value of £24,352,429.17. Company insiders own 0.26% of the company’s stock.

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.