Entain’s (ENT) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Entain (LON:ENT) in a report issued on Thursday morning,London Stock Exchange reports. The brokerage currently has a GBX 1,000 target price on the stock.

A number of other research analysts have also recently commented on ENT. Deutsche Bank Aktiengesellschaft reduced their target price on Entain from GBX 914 to GBX 872 and set a “buy” rating on the stock in a research note on Wednesday, September 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,000 price target on shares of Entain in a research note on Wednesday, October 21st. JPMorgan Chase & Co. lifted their price target on Entain from GBX 1,025 to GBX 1,050 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Finally, Shore Capital Group reiterated a “buy” rating and issued 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. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 965.71.

Entain Stock Performance

Entain stock opened at GBX 466.90 on Thursday. The firm’s fifty day moving average price is GBX 469.84 and its 200-day moving average price is GBX 547. The company has a debt-to-equity ratio of 497.51, a quick ratio of 0.74 and a current ratio of 1.01. The stock has a market cap of £2.99 billion, a P/E ratio of -5.16, a price-to-earnings-growth ratio of 0.92 and a beta of 0.76. Entain has a fifty-two week low of GBX 405.41 and a fifty-two week high of GBX 801.60.

Insider Activity at Entain

In other Entain news, insider Michael Snape bought 51,815 shares of Entain stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average price of GBX 482 per share, with a total value of £249,748.30. Corporate insiders own 7.42% of the company’s stock.

Key Entain News

Here are the key news stories impacting Entain this week:

• Positive Sentiment: Australia’s Federal Court reportedly criticized the “false veneer” of AUSTRAC’s case against Entain, a development that could reduce perceived regulatory and legal risk for the company. Federal Court blasts ‘false veneer’ in AUSTRAC’s case against Entain
• Positive Sentiment: Jefferies and Berenberg both reaffirmed “buy” ratings and set GBX 1,000 price targets. Separately, the broker consensus target is GBX 978.57, implying substantial potential upside from current levels if Entain executes on its recovery plans. Jefferies recommendation Berenberg recommendation Entain consensus target price
• Neutral Sentiment: Entain maintained its 2026 guidance despite the tax changes, suggesting management currently expects to absorb or offset the additional burden without revising near-term forecasts. Entain maintains 2026 guidance
• Negative Sentiment: Higher UK machine-games duty is expected to cost Entain about £25 million, or approximately $33 million, annually. Entain and other industry groups called the government’s gambling tax measures “detrimental and damaging,” warning of pressure on profitability, jobs and retail betting operations. Entain faces UK gambling tax impact Gambling tax criticism

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.