Entain (LON:ENT) Earns “Buy” Rating from Shore Capital Group

Entain (LON:ENTGet Free Report)‘s stock had its “buy” rating reiterated by analysts at Shore Capital Group in a report released on Thursday, Marketbeat.com reports.

Several other brokerages also recently commented on ENT. Citigroup dropped their price target on Entain from GBX 1,300 to GBX 1,150 and set a “buy” rating on the stock in a research report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Entain from GBX 1,158 to GBX 1,029 and set a “buy” rating for the company in a report on Friday, January 23rd. JPMorgan Chase & Co. upgraded shares of Entain to an “overweight” rating and dropped their price objective for the stock from GBX 1,150 to GBX 1,090 in a report on Tuesday, December 2nd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,200 target price on shares of Entain in a research note on Tuesday, January 20th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Entain has an average rating of “Buy” and an average price target of GBX 1,113.80.

Get Our Latest Research Report on Entain

Entain Stock Performance

ENT traded up GBX 6.60 during trading on Thursday, hitting GBX 584.80. The stock had a trading volume of 3,193,144 shares, compared to its average volume of 18,652,666. The firm has a market cap of £3.74 billion, a PE ratio of -6.81, a P/E/G ratio of 0.92 and a beta of 0.94. The company has a current ratio of 0.60, a quick ratio of 0.74 and a debt-to-equity ratio of 259.61. Entain has a 12 month low of GBX 452.50 and a 12 month high of GBX 1,031.50. The company has a 50 day simple moving average of GBX 657.58 and a 200-day simple moving average of GBX 756.84.

Insider Activity

In related news, insider Ricky Sandler bought 621,384 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was acquired at an average price of GBX 767 per share, for a total transaction of £4,766,015.28. Insiders own 7.42% of the company’s stock.

Key Entain News

Here are the key news stories impacting Entain this week:

About Entain

(Get Free Report)

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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Analyst Recommendations for Entain (LON:ENT)

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