Entain Plc (LON:ENT) Receives Average Recommendation of “Buy” from Analysts

Entain Plc (LON:ENT) has received an average recommendation of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have covered the stock in the last year is GBX 1,022.29.

Several research firms recently commented on ENT. Peel Hunt reaffirmed a “buy” rating and set a GBX 750 target price on shares of Entain in a research note on Wednesday, April 15th. Citigroup decreased their target price on Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 988 target price on shares of Entain in a research note on Friday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,000 target price on shares of Entain in a research note on Friday. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,200 target price on shares of Entain in a research note on Wednesday, June 3rd.

Entain Price Performance

Entain stock opened at GBX 564.40 on Monday. The company has a current ratio of 0.52, a quick ratio of 0.74 and a debt-to-equity ratio of 448.61. The company has a market capitalization of £3.61 billion, a PE ratio of -5.41, a P/E/G ratio of 0.92 and a beta of 0.76. Entain has a 12 month low of GBX 500.40 and a 12 month high of GBX 1,031.50. The stock has a 50-day moving average price of GBX 561.56 and a two-hundred day moving average price of GBX 612.16.

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. 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.