Entain’s (ENT) “Buy” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Entain (LON:ENT) in a report published on Monday, Marketbeat.com reports. The firm currently has a GBX 1,000 price target on the stock.

ENT has been the subject of a number of other reports. Berenberg Bank reissued a “buy” rating and set a GBX 1,200 target price on shares of Entain in a research report on Thursday, July 23rd. Peel Hunt reissued a “buy” rating and set a GBX 750 price objective on shares of Entain in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,028 target price on shares of Entain in a research report on Friday, June 26th. JPMorgan Chase & Co. lowered their target price on Entain from GBX 1,040 to GBX 1,025 and set an “overweight” rating on the stock in a research note on Friday, July 3rd. Finally, Shore Capital Group reiterated a “buy” rating and set a GBX 988 price target on shares of Entain in a research note on Friday, June 26th. Seven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Entain presently has a consensus rating of “Buy” and a consensus price target of GBX 1,013.

Entain Stock Performance

LON ENT opened at GBX 563.72 on Monday. Entain has a 52-week low of GBX 500.40 and a 52-week high of GBX 1,031.50. The company has a 50-day simple moving average of GBX 556.55 and a 200 day simple moving average of GBX 581.01. The company has a debt-to-equity ratio of 448.61, a quick ratio of 0.74 and a current ratio of 0.52. The company has a market capitalization of £3.61 billion, a PE ratio of -5.40, a price-to-earnings-growth ratio of 0.92 and a beta of 0.77.

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.