Entain Plc (LON:ENT) Receives GBX 1,210 Consensus Target Price from Analysts

Shares of Entain Plc (LON:ENT) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 1,210.

Several equities analysts have weighed in on the company. Shore Capital reissued a “buy” rating on shares of Entain in a research note on Tuesday, August 12th. Berenberg Bank increased their price target on Entain from GBX 1,200 to GBX 1,400 and gave the stock a “buy” rating in a report on Monday, September 15th. 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 report on Wednesday, August 13th. Peel Hunt restated a “buy” rating and issued a GBX 1,100 price target on shares of Entain in a report on Tuesday, July 29th. Finally, Citigroup increased their price target on Entain from GBX 1,250 to GBX 1,300 and gave the stock a “buy” rating in a report on Thursday, July 24th.

Insider Activity

In other Entain news, insider Ricky Sandler sold 1,059,998 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of GBX 872, for a total value of £9,243,182.56. 7.36% of the stock is owned by company insiders.

Entain Trading Down 1.2%

LON:ENT opened at GBX 866 on Wednesday. Entain has a 1-year low of GBX 452.50 and a 1-year high of GBX 1,031.50. The business’s 50-day moving average price is GBX 918.78 and its two-hundred day moving average price is GBX 781.04. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 188.61. The firm has a market capitalization of £5.54 billion, a price-to-earnings ratio of -1,008.15, a PEG ratio of 0.92 and a beta of 1.19.

About Entain

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.