Entain (LON:ENT) Earns Buy Rating from Shore Capital Group

Entain (LON:ENTGet Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital Group in a research note issued to investors on Thursday, MarketBeat.com reports.

Several other equities analysts have also commented on ENT. JPMorgan Chase & Co. raised Entain to an “overweight” rating and reduced their price target for the stock from GBX 1,150 to GBX 1,090 in a research report on Tuesday, December 2nd. Berenberg Bank reiterated a “buy” rating and set a GBX 1,200 price objective on shares of Entain in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Entain from GBX 1,158 to GBX 1,029 and set a “buy” rating for the company in a research note on Friday, January 23rd. Finally, Citigroup cut their price objective on shares of Entain from GBX 1,300 to GBX 1,150 and set a “buy” rating on the stock in a report on Thursday, November 27th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 1,113.80.

View Our Latest Stock Analysis on Entain

Entain Trading Down 0.1%

LON:ENT opened at GBX 584.20 on Thursday. The business’s 50-day moving average is GBX 650.94 and its two-hundred day moving average is GBX 753.58. The firm has a market capitalization of £3.74 billion, a PE ratio of -6.80, a price-to-earnings-growth ratio of 0.92 and a beta of 0.90. Entain has a 12 month low of GBX 452.50 and a 12 month high of GBX 1,031.50. The company has a debt-to-equity ratio of 38.78, a current ratio of 0.52 and a quick ratio of 0.74.

Insider Activity

In other Entain news, insider Ricky Sandler bought 621,384 shares of Entain stock in a transaction dated Friday, January 2nd. The stock was bought at an average cost of GBX 767 per share, for a total transaction of £4,766,015.28. 7.42% of the stock is currently owned by insiders.

Key Headlines Impacting Entain

Here are the key news stories impacting Entain this week:

About Entain

(Get Free Report)

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.

See Also

Analyst Recommendations for Entain (LON:ENT)

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