Entain (LON:ENT) Stock Rating Reaffirmed by Berenberg Bank

Entain (LON:ENT)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued on Wednesday, Digital Look reports. They presently have a GBX 1,140 ($14.19) price target on the stock. Berenberg Bank’s price target suggests a potential upside of 39.06% from the stock’s current price.

A number of other research firms also recently commented on ENT. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,089 ($13.56) price objective on shares of Entain in a research note on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,140 ($14.19) price objective on shares of Entain in a research note on Friday, April 12th. Shore Capital reissued a “buy” rating on shares of Entain in a research note on Wednesday. Finally, Barclays downgraded Entain to an “equal weight” rating and dropped their price objective for the stock from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research note on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,143.17 ($14.23).

Entain Stock Up 0.7 %

Shares of Entain stock opened at GBX 819.80 ($10.21) on Wednesday. Entain has a 1-year low of GBX 718.20 ($8.94) and a 1-year high of GBX 1,516.50 ($18.88). The company has a debt-to-equity ratio of 134.33, a current ratio of 0.56 and a quick ratio of 0.74. The business’s fifty day moving average price is GBX 841.69 and its two-hundred day moving average price is GBX 895.68. The company has a market capitalization of £5.24 billion, a P/E ratio of -581.28, a PEG ratio of 0.92 and a beta of 1.29.

Insider Buying and Selling

In related news, insider Stella David bought 65,000 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were acquired at an average cost of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). Insiders own 0.19% of the company’s stock.

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.