Entain Plc (LON:ENT) Receives GBX 1,143.17 Consensus PT from Analysts

Shares of Entain Plc (LON:ENT) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 1,143.17 ($14.95).

A number of research firms have recently commented on ENT. Shore Capital reiterated a “buy” rating on shares of Entain in a research report on Monday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,140 ($14.91) target price on shares of Entain in a research report on Monday, June 24th.

Insider Buying and Selling

In related news, insider Ricky Sandler purchased 555,333 shares of the stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average price of GBX 580 ($7.58) per share, with a total value of £3,220,931.40 ($4,212,019.62). Corporate insiders own 0.22% of the company’s stock.

Entain Stock Up 0.9 %

Entain stock opened at GBX 679 ($8.88) on Friday. Entain has a 1-year low of GBX 498.50 ($6.52) and a 1-year high of GBX 1,183 ($15.47). The company has a debt-to-equity ratio of 154.96, a current ratio of 0.67 and a quick ratio of 0.74. The stock has a market cap of £4.34 billion, a PE ratio of -1,060.72, a P/E/G ratio of 0.92 and a beta of 1.19. The stock’s fifty day moving average is GBX 623.28 and its two-hundred day moving average is GBX 712.62.

Entain Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 15th will be issued a dividend of GBX 9.30 ($0.12) per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 1.78%. This is a positive change from Entain’s previous dividend of $8.90. Entain’s dividend payout ratio (DPR) is currently -2,968.75%.

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.