Entain (LON:ENT – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 1,000 target price on the stock. Jefferies Financial Group‘s price target would suggest a potential upside of 122.72% from the stock’s previous close.
A number of other research analysts also recently issued reports on ENT. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Entain from GBX 914 to GBX 872 and set a “buy” rating on the stock in a research report on Wednesday, September 30th. Berenberg Bank lowered their target price on shares of Entain from GBX 1,145 to GBX 1,090 and set a “buy” rating for the company in a research note on Wednesday, October 21st. JPMorgan Chase & Co. lifted their price target on shares of Entain from GBX 1,025 to GBX 1,050 and gave the stock an “overweight” rating in a report on Monday, August 17th. Finally, Shore Capital Group reiterated a “buy” rating and set a GBX 988 price objective on shares of Entain in a report on Friday, September 18th. Seven investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 978.57.
View Our Latest Stock Analysis on Entain
Entain Stock Up 0.1%
Shares of ENT stock traded up GBX 0.30 during mid-day trading on Wednesday, hitting GBX 449. 1,453,938 shares of the stock traded hands, compared to its average volume of 21,166,496. The stock has a market cap of £2.87 billion, a P/E ratio of -4.96, a P/E/G ratio of 0.92 and a beta of 0.76. The stock’s fifty day moving average is GBX 476.52 and its two-hundred day moving average is GBX 552.82. Entain has a 52-week low of GBX 405.41 and a 52-week high of GBX 814.60. The company has a debt-to-equity ratio of 497.51, a current ratio of 1.01 and a quick ratio of 0.74.
Insider Transactions at Entain
In other Entain news, insider Michael Snape bought 51,815 shares of Entain stock in a transaction dated Friday, September 18th. The stock was acquired at an average cost of GBX 482 per share, with a total value of £249,748.30. Corporate insiders own 7.42% of the company’s stock.
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.
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