Entain (LON:ENT) Given New GBX 1,100 Price Target at Citigroup

Entain (LON:ENT) had its target price decreased by Citigroup from GBX 1,150 to GBX 1,100 in a report published on Tuesday, Marketbeat Ratings reports. Citigroup currently has a buy rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Entain from GBX 1,158 to GBX 1,029 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,200 price target on shares of Entain in a research note on Tuesday, January 20th. JPMorgan Chase & Co. upgraded shares of Entain to an “overweight” rating and decreased their price target for the company from GBX 1,150 to GBX 1,090 in a report on Tuesday, December 2nd. Finally, Shore Capital Group reissued a “buy” rating on shares of Entain in a research note on Thursday, March 5th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Entain currently has an average rating of “Buy” and a consensus target price of GBX 1,103.80.

Entain Stock Up 0.8%

ENT opened at GBX 579.60 on Tuesday. Entain has a 12 month low of GBX 452.50 and a 12 month high of GBX 1,031.50. The business has a 50-day moving average of GBX 643.56 and a two-hundred day moving average of GBX 747.50. The company has a debt-to-equity ratio of 448.61, a current ratio of 0.52 and a quick ratio of 0.74. The stock has a market capitalization of £3.71 billion, a price-to-earnings ratio of -6.75, a price-to-earnings-growth ratio of 0.92 and a beta of 0.90.

Insider Transactions at Entain

In other Entain news, insider Ricky Sandler bought 621,384 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average price of GBX 767 per share, with a total value of £4,766,015.28. Company insiders own 7.42% 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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.